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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. On a monthly basis, ...
Capital Market on MSN
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 ...
CNBC
Consumer prices rose 3.3% in March, as energy prices spiked due to Iran conflict
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 ...
HousingWire
Inflation jumps to 3.3% in March as energy leads CPI surge
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 ...
Reuters
Key US inflation measure posts largest annual increase in three years
WASHINGTON, May 28 (Reuters) - U.S. inflation increased at its fastest pace in three years in April, driven by higher energy prices due to the Iran war and cementing economists' views that the Federal ...
CBS News
CPI surged in April as inflation soars to highest level in almost 3 years
Economists predicted inflation would jump to 3.7% on an annual basis, up from the 3.3% reading in March, according to a FactSet poll. The CPI, a basket of goods and services typically purchased by ...
Wall Street Journal
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 ...
CNN
Tell us: How much inflation can your budget take?
Sharply rising gas prices drove inflation to 3.3% in March, the highest rate in nearly two years. Inflation is expected to accelerate in the coming months as aftershocks from the US-Israeli war with ...
NBC Washington
March inflation soars to highest level in four years as energy prices rise
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 ...
Core inflation hit an annual rate of 3.3% in April, as expected, Fed’s preferred gauge shows
The PCE price index for April was expected to show an annual inflation rate of 3.8% for all items and 3.3% for core.
NBC News
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 ...