--- 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) generator: "portal-rs" --- # 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. \[\[pro\_promotion | Get more breaking economic data with InvestingPro - now 50% off \]\] 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.) ### Related Stocks - [XLE.US](https://longbridge.com/en/quote/XLE.US.md) - [VDE.US](https://longbridge.com/en/quote/VDE.US.md) - [IXC.US](https://longbridge.com/en/quote/IXC.US.md) - [TIP.US](https://longbridge.com/en/quote/TIP.US.md) - [VTP.US](https://longbridge.com/en/quote/VTP.US.md) - [IEZ.US](https://longbridge.com/en/quote/IEZ.US.md) - [VTIP.US](https://longbridge.com/en/quote/VTIP.US.md) - [CRAK.US](https://longbridge.com/en/quote/CRAK.US.md) - [XOP.US](https://longbridge.com/en/quote/XOP.US.md) - [IEO.US](https://longbridge.com/en/quote/IEO.US.md) ## Related News & Research - [Oil prices steady as investors assess US-Iran war outlook](https://longbridge.com/en/news/296417823.md) - [W.Africa Crude - Market quiet, awaiting loading programs](https://longbridge.com/en/news/296384200.md) - [US Cash Crude-Grades mixed on another SPR release, M.East tensions support Mars](https://longbridge.com/en/news/296147595.md) - [VEGOILS-Palm extends gains on firm crude, El Nino-related supply worries](https://longbridge.com/en/news/296476225.md) - [Asia Naphtha/Gasoline-Naphtha prices rise in tandem with Brent](https://longbridge.com/en/news/296218710.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**