Retail sales rose 0.5% in April, a slowdown from the revised growth level of 1.6% in March, according to Commerce Department data released Thursday. March marked the largest one-month increase in retail spending in more than three years, largely because gas prices spiked higher rapidly.

Higher inflation has persisted as rising prices pressure consumers.

U.S. consumer prices climbed a sharply again last month as the 10-week war with Iran pushed energy prices higher.

Labor Department figures showed that gasoline prices are up more than 28% compared to a year ago.

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.

The CPI report shows inflationary pressures tied to the Iran war are seeping into consumer prices.

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.

Consumer prices spike in April, driven by soaring energy costs, with petrol prices up nearly 30 percent since last year.

Americans paid more for their groceries in April, but high gas prices were only one of the reasons why.

Wholesale prices in the United States rose sharply in April, pushed by a surge in energy costs related to the Iran war, registering their highest 12-month increase in more than…

Americans paid more for their groceries last month, but high gasoline prices resulting from the Iran war were only one of the reasons why.

The war with Iran is forcing Americans to pay more for gasoline as people cut back on purchases of some long-lasting goods.

Shoppers pulled back on spending in April as higher gas prices fueled by the Iran war meant less money left over for nonessential goods.

Retail sales rose 0.5% in April, a slowdown from the revised growth level of 1.6% in March, according to Commerce Department data released Thursday. March marked the largest…

U.S. consumers spent $757.1 billion on retail and food services in April, a 0.5% increase over March, the U.S. Census Bureau reported Thursday.

US consumers are facing soaring prices at the pump due to the Iran war. Read more at straitstimes.com. Read more at straitstimes.com.