US import prices post largest gain in four years as energy costs soar
Source: Reuters
U.S. import prices increased by the most in nearly four years in February as energy costs surged in anticipation of conflict in the Middle East, adding to signs that inflation is poised to accelerate in the months ahead.
Import prices jumped 1.3% last month, the largest increase since March 2022, after an upwardly revised 0.6% gain in January, the Labor Department's Bureau of Labor Statistics said on Wednesday. Economists polled by Reuters had forecast import prices, which exclude tariffs, increasing 0.5% after a previously reported 0.2% rise in January.
In the 12 months through February, import prices advanced 1.3%. That was the largest year-on-year increase since February 2025, and followed a 0.3% increase in January.
"Having not been a factor in the inflation story recently, import prices are beginning to be an issue ahead of the surge in fuel prices that is to be expected in March with the conflict with Iran and the effective closure of the Strait of Hormuz," said John Ryding, chief economic advisor at Brean Capital.
Read more: https://www.reuters.com/business/us-import-prices-post-largest-gain-nearly-four-years-february-2026-03-25/
AND in 2022 we were still recovering from the global pandemic which tRump exacerbated by his incompetence.
So much winning.
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Get your gasoline here! 
I just got my old car fixed the other day so I'm back on the road again however! 
As for the rip-off at the pump, DO SOMETHING WOULD YOU GAVIN NEWSOM!
