US consumer inflation expected to have surged in March amid Iran war

US consumer inflation expected to have surged in March amid Iran war

Inflation expected to climb to highest level in 2 years

The federal government delivers a cost-of-living report Friday. A spike in gasoline prices triggered by the war with Iran is expected to push inflation to its highest level in nearly two years.

Inflation may jump by most in nearly four years as gas prices spike in wake of Iran war

WASHINGTON (AP) — Soaring gas prices are expected to produce a spike in inflation when the government reports consumer prices for March on Friday, likely unnerving the inflation fighters at

Iran War May Push U.S. Inflation Higher, Warn Economists

Inflation in the United States is expected to rise again as the Iran war drives up energy costs, according to forecasts reviewed by CBS News. The report said March inflation could reach 3.3%, the highest since May 2024, with some economists warning it may cross 4% in April. Analysts at Oxford Economics said rising fuel prices are the main driver, with Pantheon Economics noting the sharpest monthly increase in fuel costs in decades. They added hi…

CPI report may show inflation hitting 2024 levels amid soaring gas prices

Economic forecasts show that this week's March Consumer Price Index could show prices climbing at their fastest pace in nearly two years.

Inflation may jump by most in nearly 4 years as gas prices spike in wake of Iran war

WASHINGTON, D.C. (April 10, 2026) — Soaring gas prices are expected to produce a spike in inflation when the government reports consumer prices for March on Friday, likely unnerving the inflation fighters at the Federal Reserve and heightening the political challenges of rising costs for the White House. Inflation probably rose to 3.4% in March compared with a year ago, economists estimate, which would be a sharp increase from February’s 2.4% in…