The Labor Department will likely confirm what most consumers have been feeling. Its official March reading of inflation is expected to rise sharply.
The Bureau of Labor Statistics released the latest consumer price index data which showed that CPI inflation surged in March as the Iran war's imapct took a toll on consumer prices.
The Iran war has pushed up gasoline, airline fares and other prices for consumers.
The Consumer Price Index jumped 3.3 percent in the year through March, a two-year high, reflecting higher costs for energy ...
Follow live news and analysis of the March consumer price index reading, which is due to be released on Friday morning.
Inflation rose at an annual rate of 3.3% in March, driven by the sharpest monthly increase in gas prices since 1967.
The consumer price index is forecast to rise a sharp 0.9% in March, according to economists surveyed by The Wall Street Journal. It would be the biggest increase since June 2022 during the height of ...
March 2026 just delivered the hottest inflation print in nearly two years, and prediction markets are already pricing a 63% ...
Economic forecasts show that this week's March Consumer Price Index could show prices climbing at their fastest pace in ...
The new CPI report showed headline inflation sped up in March to the highest rate since 2024. The Iran war is affecting gas ...
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