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Analyst: The impact of the oil price surge in March on US inflation can be glimpsed by observing gas stations.

Analyst: The impact of the oil price surge in March on US inflation can be glimpsed by observing gas stations.

金十金十2026/03/09 09:57
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According to Golden Ten Data on March 9, IG Group market analyst Tony Sycamore stated that since March, oil prices have surged by over 60%, setting an ominous backdrop for the March non-farm payrolls report. Looking ahead, in addition to Middle East news and crude oil volatility, the market's focus will also be on the core PCE data to be released this Friday, which is the Federal Reserve's preferred inflation indicator. The recent rise in oil prices is not included in the statistical window of the January report; this week's data will mainly confirm that U.S. core PCE inflation had already remained sticky at 3% before the escalation of the Iran situation. The increase in oil prices in March typically takes 6 to 12 weeks to be reflected in inflation data, which means it will appear in the April PCE inflation report released in May. However, gas stations react immediately, and drivers will feel the impact of oil prices on inflation before the official data is released.
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