The U.S. announced that the Consumer Price Index (CPI) for March 2026 rose 3.3% year-over-year, hitting a recent high, mainly driven by energy prices, with gasoline prices surging 21.2% in a single month. Core CPI (excluding food and energy) increased 2.6% year-over-year. The data shows that the current inflation rebound is primarily driven by energy, while core inflation remains relatively moderate.