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US inflation jumps to 3.8% as energy costs surge from Iran war

BUSINESSKAHAWA TUNGUTue, 12 May 2026
US inflation jumps to 3.8% as energy costs surge from Iran war

US prices rose in April at their fastest rate since May 2023 as the impact of the war in Iran was increasingly felt by consumers. A jump in the cost of gasoline and groceries pushed the consumer price index (CPI), showin...

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