U.S. Midterm Inflation Tops Price Increases In Western Europe

U.S. headline inflation rose to 3.3% in March, and consumer prices are up more than 26% since December 2019.

That increase has outpaced most of Western Europe, with the U.K. as the main exception among major peers.

OECD data show stronger inflation in parts of Eastern Europe, the Baltics, and Turkey, where price pressures have been even steeper.

The gap highlights how energy shocks, war, tariffs, and other geopolitical risks continue to drive persistent cost-of-living pressures.