politics

Inflation rises to 4.2 percent in May, highest level in 3 years

The Hill · Jun 10, 2026, 12:51 PM · Also reported by 4 other sources

Why this matters: political developments that affect policy direction and public trust.

The annual inflation rate increased to its highest point in three years as the cost of energy and other goods rose due to the Iran war, according to data released by the Department of Labor on Wednesday. The consumer price index (CPI), a popular gauge of inflation, rose 4.2 percent over the past 12

Read full story on The Hill → More top stories

Also covered by

Forbes Inflation Hit Highest Rate In 3 Years In May Yahoo Finance U.S. CPI rose 4.2% in May 2026, highest in 3 years NPR News Inflation tops 4% for the first time in 3 years on spike in gasoline prices CNBC Consumer prices rose 4.2% annually in May, highest in three years

Aggregated and edited by the Scoop newsroom. We surface news from The Hill alongside other reporting so you can compare coverage in one place. Editorial policy · Corrections · About Scoop

Inflation rises to 4.2 percent in May, highest level in 3 years

Also covered by

More in politics