BUSINESSCBS NEWS
Inflation topped 4% in May as CPI surged to highest level in 3 years
Inflation reached 4% in May as the Consumer Price Index (CPI) hit its highest level in three years, driven by a 4.2% annual rise in U.S. energy prices.
Related Signal
Adjacent reporting
- Inflation surged to 4.2% in May — the highest in three years
- US inflation jumped to 4.2% in May amid Middle East energy shock
- Inflation rises to 4.2 percent in May, highest level in 3 years
- Inflation rate rises to 3.3 percent in March amid hiked energy costs from Iran war
- UK Inflation Rose to 3.3% in March
- Inflation hits highest level in nearly 3 years, Fed's preferred gauge shows