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Inflation surged in March

Prices rose 3.3% in March compared to a year earlier, a steep rise after an oil shock triggered by the U.S.-Israeli war with Iran

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Inflation increase

The largest monthly jump in gas prices in six decades caused a sharp spike in U.S. inflation as energy prices rise due to the Iran war.

⚡ Inflation surged to 3.3% in March, recording the largest monthly increase in four years, as energy prices spiked due to the war in Iran.

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US CPI jumps as gasoline prices surge, but a measure of underlying inflation is tamer than expected

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Surging energy prices from the war in Iran are pushing inflation to its highest level in four years