Biggest drivers of increase are transport fuels and home heating oil
The key measure of US inflation rose in April to its highest level since May 2023 as consumers feel the impact of the Iran war.
Gasoline prices rose 5.4% during the month.
The Iran war has pushed up gasoline, groceries and other prices for consumers.
Here's some of the places where prices are rising fast for consumers.
KPMG's Diane Swonk says the Iran war is in your groceries, AI is in your electricity bill, and the Fed has no easy way out.
Consumer prices spike in April, driven by soaring energy costs, with petrol prices up nearly 30 percent since last year.
La guerra in Iran fa schizzare i prezzi. Gli ultimi dati Istat certificano un aumento dell'inflazione a livelli che non si vedevano dal 2023