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Inflation expected to jump to a 3-year high

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Impacts
 · 1mon
Iran war oil shock pushes US inflation to 3.3%. It’s expected to get worse
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.

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 · 23h
The Iran war is hitting home as gasoline prices fuel inflation surge of 3.8% in the US
 · 1d
Inflation expected to jump to a 3-year high as Iran war continues to fuel rising prices
 · 1d
Inflation hits 3.8%, outpacing wage growth for the first time since 2023
Economists predict the Consumer Price Index will have risen to 3.8% in April, up another 0.6% from March.

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 · 1d
Putin says Russia will deploy new Sarmat nuclear missile this year
 · 1d
U.S. Consumer Prices Rise 3.8% As Iran War Sends Energy Prices Higher
 · 1d
Trump says Iran ceasefire is on 'life support' and proposes gas tax pause as strait stays closed
In the meantime, the standoff over the strait, which is a key transit point for the world's oil and natural gas exports, has sent fuel prices skyrocketing and rattled world markets.

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 · 22h
Oil prices rise as the Iran war drags on, but US stocks inch to more records
 · 1d
Oil price predicted to remain above $100 for rest of year

Inflation soared to 3.8% in Apr., driven by gasoline prices

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Overview
Impacts
 · 1d
US inflation rises to 3.8%, highest since May 2023, as energy prices surge
Even though inflation is hot, the mechanism is demand destruction: higher gasoline/food costs squeeze consumers, slowing growth. That combination typically eventually drives a “growth scare” bid for long Treasuries,

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 · 1d · on MSN
CPI surged in April as inflation soars to highest level in almost 3 years
 · 1d · on MSN
Inflation soared to 3.8% in April, driven by gasoline prices
 · 7h
America is in for yet another long spell of price pain
The Producer Price Index, a measure of wholesale inflation, increased to 6% on an annual basis from 4% in March, well exceeding economists’ expectations.

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 · 1d
Inflation Accelerates After Weeks of War in Iran
 · 1d
Latest Inflation Numbers Reflect Impact of War With Iran
Axios · 1d
Inflation hits three-year high in April as Iran war impacts consumer prices
The April report shows that inflationary pressures tied to the Iran war are seeping into consumer prices, making it difficult for the Federal Reserve to cut interest rates just as President Trump's pi...

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ABC 17 News · 10h
Higher gas prices sent wholesale inflation soaring last month, likely signaling more pain ahead for consumers
 · 1d
Inflation report highlights rising costs, gas prices amid Iran War
Hosted on MSN
1mon
US inflation surges to 3.3% as Iran war impact bites
Inflation in the United States rose sharply in March, government data showed Friday, as higher energy prices due to the war in the Middle East hit Americans hard. The nationwide sticker shock put pressure on President Donald Trump, who has ordered peace ...
Africanews on MSN
1mon
US inflation surges to 3.3% as Iran war fuels energy price shock
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
Capital Market on MSN
16h
Economic buzz: US inflation up from 3.3% to 3.8% in April
Mumbai, May 13 -- The annual inflation rate in the United States accelerated to 3.8% in April from 3.3% in March, the Bureau of Labor Statistics (BLS) said on Tuesday. Month-on-month, the Consumer Price Index (CPI) increased 0.
Wall Street Journal
1mon
Inflation Soared to 3.3% in March, Driven by Higher Gasoline Costs
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 with the expectations of economists surveyed by The ...
AOL
1mon
Inflation rose in March to the highest rate in 2 years as the Iran war lifted energy prices
The Bureau of Labor Statistics published new consumer price index data, including data on energy and gas.Andrew Harnik/Getty Images The effects of the Iran war showed up in the latest US inflation reading. Inflation climbed to the highest rate since May ...
1monon MSN
Consumer prices rose 3.3% in March, as energy prices spiked due to Iran conflict
The consumer price index was expected to show a 3.3% year-over-year gain in March, according to the Dow Jones consensus.
Forbes
1mon
Inflation Rose By 3.3% In March Thanks To Gas Prices—Save With These Gas Credit Cards
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 18.9%—which isn’t surprising, since the Iran war has driven ...
NBC News
1mon
Inflation rose by 0.9% month over month and 3.3% year over year in March
The March inflation numbers reflect a 0.9% month-over-month rise and a 3.3% year-over-year increase. NBC News' Brian Cheung reports on how the Iran war impacted the ...
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