March inflation report is in line with expectations
Published on April 10, 2026.
U.S. consumer prices rose by 3.3% from a year ago in March, according to the Consumer Price Index (CPI), which was in line with expectations and was up from 2.4% the previous month. This is the first time the inflation report reflects the impact of the U.S.-Israeli war against Iran, which has driven a rise in crude-oil prices and raised concerns about inflation. The core CPI, excluding volatile food and energy prices, rose by 0.2% from February and 2.6% from the year earlier, beating the 0.3%. The news led to a slight increase in stocks, with the Dow Jones Industrial Average, the S&P 500 and the Nasdaq Composite all up 0.1%-0.2%. The U.N. Treasury yields also rose, with U.K.
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