Inflation jumps to its highest level since 2023. Here are 3 things costing a lot more

NPR News ·

Inflation jumps to its highest level since 2023. Here are 3 things costing a lot more

Gasoline prices have jumped about $1.50 a gallon since the U.S. launched its war with Iran. Rising fuel prices are a big driver of overall inflation. …

Gasoline prices have jumped about $1.50 a gallon since the U.S. launched its war with Iran. Rising fuel prices are a big driver of overall inflation. Ronaldo Schemidt/AFP hide caption toggle caption Ronaldo Schemidt/AFP The U.S. war with Iran has pushed inflation to its highest level in almost three years. Consumer prices in April were up 3.8% from a year ago, according to a report Tuesday from the Labor Department. That was the biggest annual increase since May 2023. …

Original source: NPR News

Mentioned

United States · Hormuz · Labor Department