The new CPI report showed headline inflation sped up in March to the highest rate since 2024. The Iran war is affecting gas prices.

The Consumer Price Index jumped 3.3 percent in the year through March, a two-year high, reflecting higher costs for energy and goods affected by disruptions in the Middle East.

Inflation rose by 3.3% in March compared to one year ago, the Labor Department reported Friday, the highest such increase since May 2024. That rise was driven by a 21% spike in gas prices in March

The first reading on inflation since the Iran war began showed prices paid by American consumers surged in March, the Bureau of Labor Statistics reported on Friday. The consumer price index rose by 0.

The largest monthly jump in gas prices in six decades caused a sharp spike in inflation last month, creating major challenges for the inflation-fighters at the Federal Reserve and heightening already substantial political hurdles for the White House.

Inflation in the U.S. remained stubbornly high heading into the Iran war. Trump started the Iran war with 5 goals. How far has he gotten? The 'oldest octopus' in the world isn't an octopus after all,

The war in Iran has fueled the biggest jump in US inflation in nearly four years and sent consumer sentiment tumbling to a record low. Economists say that’s just the beginning.

U.S. inflation saw its biggest monthly jump in four years in March as fallout from the Iran war hits household budgets.