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Inflation jumps 4.2%, spurred by war-induced surge in energy prices
Rising prices have begun to erode gains in real wages in recent years and weaken consumer purchasing power for all goods and services.
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forbes.com
Consumer Prices Rose 4.2% In May—Highest Inflation Since 2023
Inflation worries remain as employment data has surpassed expectations.
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npr.org
Inflation tops 4% for the first time in 3 years on spike in gasoline prices
Inflation has surged to its highest level in more than three years since the U.S. and Israel launched their war on Iran, triggering a surge in gasoline prices.
