US inflation jumped to 3.8% in April as war with Iran continues to drive up prices

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Source: Guardian Australia
Published: 2026-05-12 22:37 UTC+10:00
Section: US economy
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Middle East, Military & Defence, Iran, Economy & Finance, Labour & Workers, Business & Economy, War & Conflict
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Snippet:
Prices rose 3.8% over the last year, according to Bureau of Labor Statistics data, highest jump since 2023
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