Inflation surges to highest level in nearly 2 years as energy costs spike

Consumer prices in March were up 3.3% from a year ago, the biggest annual increase in nearly two years. Higher gasoline prices tied to the war with Iran accounted for much of the surge.

Apr 11, 2026 - 08:00
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Inflation surges to highest level in nearly 2 years as energy costs spike
Consumer prices in March were up 3.3% from a year ago, the biggest annual increase in nearly two years. Higher gasoline prices tied to the war with Iran accounted for much of the surge.

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