The United States reported a 3.3% year-on-year increase in the Consumer Price Index (CPI) for March 2026, marking a recent high primarily driven by energy prices. Gasoline prices surged 21.2% in a single month, contributing significantly to the overall inflation rise. Meanwhile, the core CPI, which excludes food and energy, rose by 2.6% year-on-year, indicating that while energy costs are pushing inflation higher, core inflation remains relatively moderate.
U.S. March CPI Rises 3.3% Year-on-Year, Driven by Energy Costs
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