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US-Iran war impact: Retail inflation rises marginally to 3.93% in May, food inflation edges up to 4.78%
Retail inflation, measured by the Consumer Price Index (CPI), rose to 3.93% in May 2026 from 3.48% in April, according to data released by the government on Friday.
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nbcnews.com
May inflation is expected to have jumped as the Iran war sent prices higher
Consumers and U.S. workers are feeling the pinch of a wage growth rate that lags behind the rate of inflation.
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edition.cnn.com
Inflation set to top 4% for first time in three years on Iran war price shock | CNN Business
Inflation, as measured by the Consumer Price Index, is expected to run above 4% for the first time in three years because of the Iran war’s oil price shock.
