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Inflation spikes to 3.5 percent in March as Iran war drove prices higher

The Hill — 2026-04-30T13:06:51+00:00
Prices grew at a far more rapid rate in March as the war in Iran drove a significant increase in inflation, according to data released Thursday by the Commerce Department. The annual inflation rate in March rose to 3.5 percent, as measured by the personal consumption expenditures (PCE) price index, ...
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