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mahatmakanejeeves

(70,430 posts)
7. CPI inflation soars by most since 2022 as gas prices bite
Fri Apr 10, 2026, 10:51 AM
Apr 10
Yahoo Finance
CPI inflation soars by most since 2022 as gas prices bite

Emma Ockerman
Updated Fri, April 10, 2026 at 9:32 AM EDT 2 min read

Consumer prices 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 Consumer Price Index (CPI) 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 Bloomberg had anticipated a 3.4% increase from a year ago and 0.9% from a month prior.

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