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Inflation rises to its highest mark in nearly 2 years, fueled by Iran war

Inflation rose by 3.3% in March compared to one year ago, the Labor Department reported Friday, the highest such increase since May 2024. That rise was driven by a 21% spike in gas prices in March from the previous month. Jo Ling Kent has details.

Published April 10, 2026, 11:21 PM
Updated April 11, 2026, 12:57 AM420
Inflation rises to its highest mark in nearly 2 years, fueled by Iran war

Inflation rose by 3.3% in March compared to one year ago, the Labor Department reported Friday, the highest such increase since May 2024. That rise was driven by a 21% spike in gas prices in March from the previous month. Jo Ling Kent has details.

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