A look at consumer prices in March, by the numbers - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
April 10, 2024 Newswires
Share
Share
Post
Email

A look at consumer prices in March, by the numbers

Associated Press

NEW YORK (AP) — Consumer inflation rose more than expected in March, boosted by gas, rents, auto insurance and other items, the government said Wednesday. A look at some of the numbers. (Figures from the Bureau of Labor statistics, unless otherwise specified.)

3.8%

The increase in the so-called core inflation rate from March 2023 to March 2024. This measure strips out the more volatile energy and food prices.

22.2%

The rise in the price of car insurance from March a year ago. More expensive car repairs and an increase in disaster-related claims are among the reasons for the increase.

1.2%

Year-over-year rise in the cost of groceries. The increases have moderated from the spikes of 2022 and early 2023.

$5.42

Price for a pound of uncooked ground beef, up more than 20 cents from February.

$2.99

The average cost of a dozen Grade A eggs in March. While that's down from $3.45 a year ago, it's up from $2.05 in March 2022.

5.7%

The year-over-year increase in the cost of shelter, mostly housing. Shelter costs are heavily weighted in the month consumer price index.

-2.2%

The decline in the average price of used cars and trucks last month. Those prices soared early in the pandemic because of a shortage of parts needed to build new vehicles.

$3.58

The price in March for a gallon of unleaded regular gasoline. That's up 22 cents from February, but is still down about 73 cents from March 2022.

-7.1%

Air travel is one category seeing price declines. The cost of hotel rooms and car rentals have also fallen from a year ago.

5.5%

The rise in the cost of a funeral in March compared to a year ago. In December, the National Funeral Directors Association estimated the median price of a funeral with casket and burial rose from $7,850 to $8,300 from 2021 to 2023.

Older

Markel Corp. (NYSE: MKL) is a Leading Gainer in 4/10 Morning Trading

Newer

Covered California Collaborates with Google Public Sector to Accelerate and Simplify Health Insurance Enrollment Using AI

Advisor News

  • Health insurance premium tax bill advancing
  • The Medi-Cal money pit
  • The untapped potential of Qualified Longevity Annuity Contracts
  • NYC's fiscal outlook on downslide over budget gaps
  • Health insurance premium tax bill moving in Iowa House
More Advisor News

Annuity News

  • An Application for the Trademark “GREAT-WEST LIFE & ANNUITY INSURANCE COMPANY” Has Been Filed by Great-West Life & Annuity Insurance Company: Great-West Life & Annuity Insurance Company
  • The forces shaping life and annuities in 2026
  • Variable annuity sales surge as market confidence remains high, Wink finds
  • New Allianz Life Annuity Offers Added Flexibility in Income Benefits
  • How to elevate annuity discussions during tax season
More Annuity News

Health/Employee Benefits News

  • From $500 to $1.5K: Marylanders feel financial impact of expired ACA tax credits
  • The politics behind America's new health insurance shock
  • Health insurance premium tax bill advancing
  • Families oppose bill locking in Iowa Medicaid privatization
  • The Medi-Cal money pit
More Health/Employee Benefits News

Life Insurance News

  • Hulse, Murray
  • Murray Giles Hulse
  • Oaktree grabs control of Atlantic Coast Life Co. in blockbuster A-Cap deal
  • AM Best Removes From Under Review With Developing Implications and Downgrades Credit Ratings of Banner Life Insurance Company and William Penn Life Insurance Company of New York
  • The forces shaping life and annuities in 2026
More Life Insurance News

- Presented By -

Top Read Stories

More Top Read Stories >

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Elevate Your Practice with Pacific Life
Taking your business to the next level is easier when you have experienced support.

Your Cap. Your Term. Locked.
Oceanview CapLock™. One locked cap. No annual re-declarations. Clear expectations from day one.

Ready to make your client presentations more engaging?
EnsightTM marketing stories, available with select Allianz Life Insurance Company of North America FIAs.

Press Releases

  • RFP #T02226
  • YourMedPlan Appoints Kevin Mercier as Executive Vice President of Business Development
  • ICMG Golf Event Raises $43,000 for Charity During Annual Industry Gathering
  • RFP #T25521
  • ICMG Announces 2026 Don Kampe Lifetime Achievement Award Recipient
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet