-
What to expect from the first US inflation report since the Iran war began
The Consumer Price Index for March, set to be released at 8:30 a.m. Friday, is expected to show that US inflation bolted higher as a direct result of the Middle East war’s energy shock. Economists are estimating that prices leapt 0.9% from February, more than triple the pace seen in January. Such an increase would drive the annual rate of inflation to 3.4% from 2.4%. That would not only put inflation back at a level not seen in nearly two years but it would nearly wipe out Americans’ pay gains of 3.5%. “We’ll definitely see elevated prices eating away at people’s paychecks,” Elise Gould, a senior ... (full story)
- Comments / Top
- Subscribe
brianysf
Apr 10, 2026 6:57am
Permalink
-
Related Stories
Government data out Friday will show how much consumer prices rose in March — and forecasts point to soaring inflation. Over the past month, the US-Israel war on Iran has sent gas prices skyrocketing past $4 a gallon and all but ensured that recent reports of cooler price growth will be reversed. Economists surveyed by Bloomberg now see headline inflation ...
Inflation in March saw the largest monthly gain since 2022 as the US-Israel war against Iran sent gas prices skyrocketing past $4 a gallon. Headline inflation clocked in 3.3% higher than a year ago, while rising 0.9% on a monthly basis in a rapid acceleration from February’s levels, according to Labor Department data released Friday. Economists surveyed by ...
The White House on Friday tried to look past government data showing a jump in inflation driven by the war in Iran. Consumer prices posted their largest monthly gain since 2022, according to new Labor Department data, as rising costs at the gas pump led overall prices up by 3.3% compared to a year ago. On a “core” basis, stripping out food and energy, ...
