US March CPI Quick Review

The U.S. Bureau of Labor Statistics stated that the record rise in gasoline prices accounted for nearly three-quarters of the monthly increase. The data shows how the Middle East conflict can quickly impact the U.S. economy, exacerbating the affordability challenges many families have faced in recent years. Americans have already felt higher prices at gas stations, and service providers such as Delta Air Lines and the United States Postal Service have also warned of upcoming price increases. Expand