U.S. March CPI Up 3.3% YoY; Gasoline Spikes 21.2%

The March CPI report showed month-over-month increases of 0.9% and year-over-year growth of 3.3%, the highest since April 2024. Energy jumped 10.9%, with gasoline alone accounting for 21.2% of the monthly rise. Core inflation remained stable at 2.6% year-over-year.