Inflation rises 3.3% year-over-year in March.

0.9% the headline increase in consumer prices month over month 0.9%. If you strip out volatile food and energy prices, we know that a lot of this increase came from energy. We see a 0.2% gain month over month.So that is more benign uh than expected by a tenth of a percent. Year-over-year CPI rising by 3.3% uh and on the core basis year-over-year up by 2.6%. So takeaway here is yes indeed the Iran war driving up energy prices driving up gasoline prices in particular led to a hot headline number of 0.9%.If yo ...