Government report shows gasoline going up by 21.2 percent in March as petrol remains above $4 per gallon despite a truce.
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Consumer prices in the United States have risen by nearly 1 percent in March – one of the highest short-term inflation rates in years – largely due to the disruption of the energy markets amid the war on Iran.
A report by the US Bureau of Labor Statistics, released on Friday, showed that inflation in March rose by 0.9 percent, compared with 0.3 percent in February. It was the largest uptick since May 2022, which took place at the height of the cost-of-living crisis prompted by the COVID-19 pandemic.
