The Hill
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Inflation Rate Holds As Oil Prices Fluctuate Due to War in Iran | TRENDING
Posted
March 11, 2026
Views
251
Likes
5
Engagement
1.99%
March 11, 2026
251
5
1.99%
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9:33
5:42Now PlayingThe annual inflation rate held steady in February, according to data released Wednesday by the Labor Department, before the war in Iran drove energy prices higher and threatened to upend the global economy.
Consumer prices rose 0.3 percent in February and were up 2.4 percent over the past year, as measured by the Labor Department’s consumer price index (CPI). The annual and monthly inflation figures matched economist expectations, according to consensus estimates.
The new inflation report is a snapshot of the economy as tensions between the U.S. and Iran rose, but before they spilled over into a full-blown military conflict in March.
#inflation #economy #iran #trump #usa #oil #market
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