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Inflation Rate Rises to 3.3 Percent in March Amid Hiked Energy Costs From Iran War
Energy prices climbed 10.9% and pushed March inflation to 3.3%, the highest since 2024, the Bureau of Labor Statistics said.
Summary by The Hill
4 Articles
4 Articles
March inflation jumps to 3.3% as war in Iran drives energy costs higher
The Bureau of Labor Statistics released inflation data for March showing an annual rate of 3.3%, up 0.9% in just one month. Economists say while the higher rate may seem shocking, the reason is straightforward.
·Cedar Rapids, United States
Read Full ArticleA big question for now is how long will the shock of oil and gasoline prices last and if it will lead to a wider and longer-lasting inflationary surge,
·Los Angeles, United States
Read Full ArticleInflation rate rises to 3.3 percent in March amid hiked energy costs from Iran war
Consumer prices in the U.S. rose by 3.3 percent over the past year and by 0.9 percent in March, according to data released Friday by the Bureau of Labor Statistics (BLS). This is the highest inflation rate increase in nearly four years — propelled by rising energy costs tied to the U.S.’s military operation in...
·Washington, United States
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Total News Sources4
Leaning Left2Leaning Right0Center2Last UpdatedBias Distribution50% Left, 50% Center
Bias Distribution
- 50% of the sources lean Left, 50% of the sources are Center
50% Center
L 50%
C 50%
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