April 30 (UPI) -- The personal consumption expenditures index increased by 3.5% on an annual basis in March, the highest level since 2023. For the month prices were up 0.7% , driven by rising gas prices that have surpassed $4 per gallon on average in the United States, the U.S. Bureau of Economic Analysis reported. Core prices minus volatile food and energy increased by 3.2% in March, up from 3% in February. Since the start of the Iran war on Feb. 28, oil prices have increased more than 50% and

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