Business
Inflation Rises to 3.8 Percent
The U.S. annual inflation rate spiked to 3.8 percent in April, driven by rising energy and food prices due to the Iran war. The Labor Department released the data on Tuesday.
Coverage timeline — 1 article
The Hill
The annual inflation rate shot higher in April as the war in Iran drove up energy and food prices, according to data released Tuesday by the Labor Department. The consumer price index (CPI), a popular gauge of inflation, rose 3.8 percent over the past 12 months and 0.6 percent in April alone, accord
2026-05-12 13:06 UTC