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Gas prices pushed inflation up in March in the biggest year-over-year increase since May 2024.
Gasoline prices rose over 21% from February to March 2026, the largest monthly jump in 60 years.
KEY POINTS
- March 2026 consumer prices increased 0.9% from February, the biggest monthly gain in nearly four years.
- The inflation rate in March 2026 reached 3.3% year-over-year, reversing a previous downward trend.
- The war in Iran is directly linked to the recent surge in U.S. gas prices and inflation.
COMPANIES
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