BUSINESSTHE GUARDIAN WORLD
US inflation rose at fastest pace in three years in April as Iran war hikes up prices
US inflation rose at its fastest pace in three years in April due to higher energy prices linked to the war with Iran. The surge in costs is eroding household income and fueling public frustration with Donald Trump's economic management as the 2024 presidential election approaches.
Mentioned
Related Signal
Adjacent reporting
- US inflation rose at fastest pace in three years in April as Iran war hikes up prices
- US inflation jumped to 3.8% in April as war with Iran continues to drive up prices
- US inflation jumps to 3.8% as energy costs surge from Iran war
- Energy cost spike from Iran war sends inflation soaring to highest level in nearly 3 years
- CPI surged in April as inflation soars to highest level in almost 3 years
- Inflation rate rises to 3.3 percent in March amid hiked energy costs from Iran war