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

The Guardian · May 12, 2026, 12:37 PM · Also reported by 4 other sources

Key takeaways

  • Gas prices in Titusville, Florida on 31 March 2026.
  • Prefer the Guardian on GoogleUS 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.

Why this matters: a developing story that could shape the day's news cycle.

Gas prices in Titusville, Florida on 31 March 2026. The national average price for a gallon of gas is more than a dollar higher than a year ago. Photograph: Marco Bello/Reuters View image in fullscreen Gas prices in Titusville, Florida on 31 March 2026. The national average price for a gallon of gas is more than a dollar higher than a year ago. Photograph: Marco Bello/Reuters US economy 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

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Prefer the Guardian on GoogleUS inflation jumped to 3.8% in April as the war in the Middle East continued to drive energy prices and everyday costs for Americans.

Article preview — originally published by The Guardian. Full story at the source.
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