Business
Inflation Surges to Three-Year High
U.S. inflation reached its highest level in nearly three years, with the consumer price index rising 3.8% annually in April due to higher gasoline prices.
Coverage timeline — 3 articles
NPR
Rising gasoline prices pushed inflation to its highest level in almost three years in April. Consumer prices were up 3.8% from a year ago.
2026-05-12 12:36 UTC
MarketWatch
The U.S. inflation rate leaped to a nearly three-year high of 3.8% in April because of higher gas prices — and the pain for consumers isn’t going away soon.
2026-05-12 12:33 UTC
CNBC
The consumer price index was expected to increase by 3.7% annually in April, according to the Dow Jones consensus.
2026-05-12 12:43 UTC