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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US inflation surges to 3.3% as Iran war fuels energy price shockUS 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 ...
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Inflation rose by 3.3% in March thanks to gas prices—save with these gas credit cardsGas 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 ...
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 ...
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 ...
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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