JOURNAL ARTICLE

US CPI Surges 0.9% in Largest Monthly Jump Since 2022 on Gas.

  • Published In: Bloomberg.com, 2026. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Saraiva, Augusta 3 of 3

Abstract

The article focuses on the surge in US inflation in March 2026, driven primarily by a sharp increase in gasoline prices linked to the war with Iran. The consumer price index (CPI) rose 0.9% from February and 3.3% year-over-year, the fastest pace since 2024, with gas prices accounting for nearly three-quarters of the monthly increase. While core inflation measures excluding food and energy rose modestly, disruptions in oil and fertilizer supplies are expected to sustain higher costs across various consumer goods and services. Consumer sentiment fell to a record low in April amid rising inflation expectations, and economists anticipate continued inflationary pressures despite potential conflict resolution. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2026/04, pN.PAG
  • Document Type:Article
  • Subject Area:Health and Medicine
  • Publication Date:2026
  • Accession Number:192931482
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