The consumer price index (CPI) increased by 0.9% in March, reportedly due to a surge in gas prices. This increase is said to be the largest monthly jump since 2022, with energy costs spiking amid geopolitical tensions. However, the specific cause of the gas price surge is unclear, with some outlets citing a conflict involving Iran, while another outlet mentions a different country and a separate report references an April inflation spike, potentially conflicting with the March timeframe.