Inflation in March saw the largest monthly gain since 2022 as the US-Israel war sent gas prices skyrocketing past $4 a gallon.
Headline inflation clocked in 3.3% higher than a year ago, while rising 0.9% on a monthly basis in a rapid acceleration from February’s levels, according to Labor Department data released Friday. Economists surveyed by Bloomberg had anticipated a 3.4% increase from a year ago and 0.9% from a month prior.
[https://finance.yahoo.com/economy/article/inflation-soars-by-most-since-2022-as-gas-prices-bite-191214690.html](https://finance.yahoo.com/economy/article/inflation-soars-by-most-since-2022-as-gas-prices-bite-191214690.html)
