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.
Africanews on MSN
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 ...
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 ...
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
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 ...
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 ...
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 ...