Image: Gasoline prices jumped more than a dollar a gallon in March, pushing inflation higher. Joe Raedle/Getty Images

Scott Horsley of NPR reports: “The U.S. war with Iran and the resulting spike in energy prices have pushed inflation to its highest level in nearly two years.

A report from the Labor Department Friday showed consumer prices in March were up 3.3% from a year ago. That’s the biggest annual increase since May of 2024. Prices jumped 0.9% between February and March, with higher gasoline prices accounting for nearly three-quarters of that increase…”

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