US inflation jumps to 3.8% as energy costs surge from Iran war - BBC
ShareSaveAdd as preferred on GoogleArchie MitchellBusiness reporterGetty ImagesUS prices rose in April at their fastest rate since May 2023 as the impact of the war in Iran was increasingly felt by consumers. A jump in the cost of gasoline and groceries pushed the consumer price index (CPI), showing the rate prices rose by in the past 12 months, to 3.8%.