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Iran war pushes US inflation to 3.8% as petrol prices surge
Why this matters: an international story with cross-border implications worth tracking.
US consumer prices rose 3.8% in April as the Iran war drove petrol costs up 28% in a year, with real wages falling for the first time in three years, according to government data.
Read full story on Euronews → More top storiesAlso covered by
CNBC
It's not just Iran and oil raising inflation. Prices also are reaccelerating in these other areas
Hacker News
US inflation jumps to 3.8% as energy costs surge from Iran war
BBC World
US inflation jumps to 3.8% as energy costs surge from Iran war
Fortune
April inflation shoots 3.8% higher on surging prices from war in Iran
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