US CPI Rises to 3.3% in March

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US inflation rose to 3.3% in March 2026 as higher energy prices pushed the headline number upward, while still coming in slightly below expectations. Monthly CPI increased 0.9%, driven mainly by a sharp rise in gasoline and overall energy costs. Core inflation, which excludes food and energy, stayed stable at 2.6% year over year and 0.2% month over month, indicating contained underlying pressures. Overall, the data shows inflation is being led by energy rather than broad-based price growth.