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US Consumer Inflation Reaches 3-Year High Amid Iran War Oil Shock

The US consumer price index (CPI) rose to 3.8 percent year-on-year, a three-year high, attributed to an oil shock stemming from the Iran War.

12 May, 17:41 — 12 May, 17:41
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ndtvMostly Factual121d ago

Oil Shock From Iran War Drives US Consumer Inflation To 3-Year High

The consumer price index (CPI) rose 3.8 per cent year-on-year, up from March's 3.3 per cent figure, the US Bureau of Labour Statistics (BLS) said.

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