Inflation surged in March as Iran war's energy impact hit consumers ^14.6%

Fox Business - By Eric Revell - 4/10/2026, 12:31 PM

Post Hoc (False Cause) 14.5% - Overconfidence Bias 8.6% - Hasty Generalization 7.9%

Inflation surged in March as consumer prices jumped amid the economic disruptions caused by the Iran war's impact on the energy market. The Bureau of Labor Statistics on Friday said that the consumer price index (CPI) – a broad measure of how much everyday goods like gasoline, groceries and rent cost – rose 0.9% from a month ago and is... more