Inflation spikes to 3.8 percent in April, higher than expected
The Hill
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The annual inflation rate shot higher in April as the war in Iran drove up energy and food prices, according to data released Tuesday by the Labor Department.
The consumer price index (CPI), a popular gauge of inflation, rose 3.8 percent over the past 12 months and 0.6 percent in April alone, according to the…
US wholesale inflation hits 6%
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- Energy cost spike from Iran war sends inflation soaring to highest level in nearly 3 years 📹 CBS News — · 4min
- BREAKING: April inflation rate surges to 3.8% 📹 NBC News — · 5min
- Inflation could hit 4% next month and stay elevated for rest of year, economist warns PBS —
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