homeWelcome, sign in or click here to subscribe.login
     


 

 

Business


Subscriber content preview

April 13, 2026

War sends inflation soaring, consumers' mood plunging

  • Consumer prices rose 3.3% in March from a year earlier, the Labor Department said Friday, the biggest yearly increase since May 2024.
    • By CHRISTOPHER RUGABER
    AP Economics Writer

    WASHINGTON — The largest monthly jump in gas prices in six decades caused a sharp spike in inflation last month, creating major challenges for the inflation-fighters at the Federal Reserve and heightening already substantial political hurdles for the White House.

    Consumer prices rose 3.3% in March from a year earlier, the Labor Department said Friday, up sharply from just 2.4% in February and the biggest yearly increase since May 2024. On a monthly basis, prices rose 0.9% in March from February, the largest such increase in nearly four years.


     
    . . .


    To read this story in full login or purchase a subscription.



    
    Email or user name:
    Password:
     
    Forgot password? Click here.