A war-driven jump in gas prices helped push US inflation to 3.3% in March, marking the fastest annual pace in nearly two years, new Bureau of Labor Statistics data showed Friday.

Gas prices drove inflation in March up by 3.3%, according to the Department of Labor's Consumer Price Index for last month. The data, released Friday, showed that the gas index increased by ...

US consumer prices rose sharply in March, with headline inflation climbing to 3.3% year-on-year as energy costs spiked in the wake of the Iran war, official data showed on Friday. View on euronews ...

Inflation hit its highest rate in nearly two years, according to data released Friday by the U.S. Bureau of Labor Statistics (BLS). According to the Consumer Price Index (CPI) the inflation index for ...

Consumer prices were up 3.3% in March from a year earlier, the Labor Department said Friday, much hotter than February’s gain of 2.4%. It was the highest reading in two years. But it was also in line ...

Even though inflation is hot, the mechanism is demand destruction: higher gasoline/food costs squeeze consumers, slowing ...

The largest monthly jump in gas prices in six decades caused a sharp spike in inflation in March, creating major challenges for the inflation-fighters at the Federal Reserve and heightening the ...

For the first time in three years, Americans’ wages are no longer outpacing inflation.

The consumer price index increased a seasonally adjusted 0.9% in March putting the annual inflation rate at 3.3%. However, core prices rose much less – just 0.2% for the month and 2.6% from a year ago ...