Inflation rose to 3.8% in April, highest since 2023, as Iran war raised energy prices

Inflation rose to 3.8% in April, highest since 2023, as Iran war raised energy prices

Inflation rose five-tenths of a percentage point to 3.8% for the year ending in April, the Bureau of Labor Statistics reported Tuesday, as disruptions to the energy market from the Iran war added to underlying price pressures. The inflation reading for April was the highest since May 2023. HIRING JUMPS TO HIGHEST RATE SINCE EARLY 2024 […]

Original Source

Read the full article at Washingtonexaminer →

KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.