Iran war, Oil and inflation
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April, Inflation
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Economic buzz: US inflation up from 3.3% to 3.8% in AprilMumbai, 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.
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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
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 ...
The consumer price index was expected to show a 3.3% year-over-year gain in March, according to the Dow Jones consensus.
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 ...
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 ...