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Inflation may jump by most in nearly four years as gas prices spike in wake of Iran war

Inflation probably rose to 3.4% in March compared with a year ago, economists estimate, which would be a sharp increase from February’s 2.4% increase. On a monthly basis, prices are forecast to have risen 0.9% in March from the previous month, according to a …

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Inflation may jump by most in nearly four years as gas prices spike in wake of Iran war

Inflation probably rose to 3.4% in March compared with a year ago, economists estimate, which would be a sharp increase from February’s 2.4% increase. On a monthly basis, prices are forecast to have risen 0.9% in March from the previous month, according to a …

WASHINGTON (AP) Soaring gas prices are expected to produce a spike in inflation when the government reports consumer prices for March on Friday, likely unnerving the inflation fighters at the Federal…

Originally published by Associated Press. Read the full article →

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