US inflation hits three-year high of 3.8%, driven up by surging energy costs

The key measure of US inflation rose in April to its highest level since May 2023 as consumers feel the impact of the Iran war.

Fed’s Goolsbee Says Services Inflation May Point to Overheating - Bloomberg.com

Fed’s Goolsbee Says Services Inflation May Point to Overheating  Bloomberg.com

CPI Shows Inflation Accelerating to 3.8% Annually in April After Weeks of War in Iran

The consumer price index increased X.X% in April from a year earlier as higher energy costs raised a range of prices for Americans.

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Gasoline prices surged as the Iran conflict ripples through the economy, pushing April inflation to the highest level since late 2023.

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US inflation jumped to 3.8% in April as war with Iran continues to drive up prices

Prices rose 3.8% over the last year, according to Bureau of Labor Statistics data, highest jump since 2023 Sign up for the Breaking News US newsletter email US inflation jumped to 3.8% in April as the war in the Middle East continued to drive energy prices and everyday costs for Americans. Prices rose 3.8% over the last year, according to the data from the Bureau of Labor Statistics, the highest jump since 2023. Continue reading...

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Rising gasoline prices pushed inflation to its highest level in almost three years in April. Consumer prices were up 3.8% from a year ago.

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The Iran war has pushed up gasoline, groceries and other prices for consumers.

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US consumer inflation jumps as Iran war sends energy prices higher

US consumer prices climbed sharply again last month as the 10-week war with Iran pushed energy prices higher. The Labor Department’s consumer price index rose 3.8 per cent from April 2025, according to data released on Tuesday. On a month-to-month basis, April prices rose 0.6 per cent from March as petrol prices rose 5.4 per cent during the month; the month-over-month gain was down from 0.9 per cent increase from February to March. Labor Department figures showed that petrol prices are up mor...

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The U.S. inflation rate leaped to a nearly three-year high of 3.8% in April because of higher gas prices — and the pain for consumers isn’t going away soon.

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Inflation surged in April to the highest rate since 2023

Patrick T. Fallon / AFP via Getty Images The new CPI report showed annual inflation sped up to 3.8% in April, the highest rate since 2023. Higher energy prices due to the Iran war are affecting consumer prices. Prices at the pump are having unequal effects on consumers, depending on their household income. US annual inflation accelerated more than expected, with the consumer price index rising 3.8% in April from a year ago. Economists expected a 3.7% increase, and it's the highest inflation...

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India’s retail inflation jumps to over one-year high at 3.48 per cent in April

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US consumer prices rise 3.8% as Iran war sends energy prices higher

US consumer prices climbed sharply again last month as the 10-week war with Iran pushed energy prices higher. The US Labor Department reported Tuesday that its consumer price index rose 3.8 percent from April 2025. On a month-to-month basis, April prices rose 0.6 percent from March as gasoline prices rose 5.4 percent. Excluding volatile food and energy costs, so-called consumer core prices rose 0.4 percent last month from March and 2.8 percent from April 2025, relatively modest readings that sug

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US inflation rises 3.8% in April as Iran war drives up energy prices

U.S. consumer prices accelerated further in April as Washington's war with Tehran continued to push energy prices higher, adding to pressures for many households. The consum...

US Consumer Prices Are Rising At Their Fastest Pace In 3 Years

US Consumer Prices Are Rising At Their Fastest Pace In 3 Years Bearing in mind the one-off impact of BLS correcting for shutdown-related distortions (in rent/shelter) from last October., this morning's CPI was expected to come in hot as the impact of the Iran war starts to spread (energy, airfares, transport) and the melt-up in memory costs (unrelated to war) as the token wars continue. As a reminder, March saw headline CPI in line (energy) while Core CPI actually printed cooler...

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US must accept proposal or face failure, says Iran chief negotiator

Iran’s chief negotiator issues an ultimatum in the US Iran negotiations, demanding Washington accept its 14-point peace proposal or face ‘failure’. Read More: https://punchng.com/us-must-accept-proposal-or-face-failure-says-iran-chief-negotiator/

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Iran chief negotiator says US must accept proposal or face ‘failure’

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