BUSINESSWASHINGTON TIMES
Inflation rises again, driven by energy costs amid Iran war
Inflation reached a three-year high of 4.2% in the year ending May, driven by rising energy costs linked to the war in Iran, according to a government report.
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Adjacent reporting
- Inflation tops 4% for the first time in three years as Iran war drives energy costs higher
- Inflation surged in March as Iran war drove up energy costs
- Inflation rises to 4.2 percent in May, highest level in 3 years
- Energy cost spike from Iran war sends inflation soaring to highest level in nearly 3 years
- Inflation surges to highest level in nearly two years as energy costs spike
- Inflation rate rises to 3.3 percent in March amid hiked energy costs from Iran war