---
title: "U.S. consumer price growth surges in March amid Iran-linked energy cost jump"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/282347542.md"
description: "U.S. consumer price growth surged in March, primarily due to rising energy costs linked to the Iran war. The consumer price index increased by 3.3% year-on-year, up from 2.4% in February, slightly below economists' expectations of 3.4%. Month-on-month, the index rose by 0.9%, compared to 0.3% previously. Excluding food and fuel, the core CPI was at 2.6% year-on-year and 0.2% month-on-month, both lower than forecasts. This is a developing story."
datetime: "2026-04-10T12:38:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/282347542.md)
  - [en](https://longbridge.com/en/news/282347542.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/282347542.md)
---

# U.S. consumer price growth surges in March amid Iran-linked energy cost jump

Investing.com - U.S. consumer price growth accelerated sharply in March, largely driven by a spike in energy costs due to the Iran war, although the increase had been widely anticipated by markets.  
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In the twelve months to March, the consumer price index rose by 3.3%, compared to 2.4% in February and economists’ expectations of 3.4%.  
Month-on-month, the closely-tracked inflation gauge from the Labor Department jumped by 0.9%, versus 0.3% in the preceding month. The figure was seen at 1.0%.  
However, stripping out volatile items like food and fuel, so-called "core" CPI stood at 2.6% year-on-year and 0.2% month-on-month, both slower than forecast.  
(This is a developing story. Please check back later for updates.)

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