CPI for all items rises 0.9% in March; gasoline up

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The U.S. Bureau of Labor Statistics reported that the CPI-U for all items rose 0.9 percent in March 2026 on a seasonally adjusted basis, following a 0.3 percent rise in February, with a 3.3 percent increase over the 12 months ending March before seasonal adjustment. The Bureau stated that the energy index rose 10.9 percent in March, driven by a 21.2 percent increase in gasoline, which it noted accounted for nearly three quarters of the monthly all-items increase; the shelter index rose 0.3 percent, food was unchanged, and the index for all items less food and energy rose 0.2 percent. The Bureau also reported that the all items less food and energy index rose 2.6 percent over the year, the energy index rose 12.5 percent over 12 months, and the food index rose 2.7 percent over the last year. Additionally, the Bureau noted that with the April 2026 data release on May 12, 2026, several CPI series will be rebased to December 2024 = 100.

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