The Guardian Australia ·general ·1 hour ago

US inflation jumps to 3.8% in April, highest rate since 2023

US inflation jumped to 3.8% in April, the highest rate since 2023, as Middle East conflict drove energy prices higher. The Bureau of Labor Statistics data shows prices rose from 3.3% in March, with gas prices up more than a dollar year-over-year due to ongoing closure of the Strait of Hormuz.

Summary by Glance · The Guardian Australia

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