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 ...
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 consumer price index was expected to show a 3.3% year-over-year gain in March, according to the Dow Jones consensus.
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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 ...
For the first time in three years, Americans’ wages are no longer outpacing inflation.
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 ...
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 ...
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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