BUSINESSQUARTZ
Inflation surged to 4.2% in May — the highest in three years
Inflation rose to 4.2% in May, marking the highest level in three years. Energy prices were the primary driver of the monthly increase, while core inflation remained below expectations.
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Adjacent reporting
- Inflation topped 4% in May as CPI surged to highest level in 3 years
- UK Inflation Rose to 3.3% in March
- Inflation rises to 4.2 percent in May, highest level in 3 years
- US inflation jumped to 4.2% in May amid Middle East energy shock
- Consumer prices rose 4.2% annually in May, highest in three years
- Consumer prices rose 3.8% annually in April, the highest since May 2023