US consumer inflation jumps as Iran war sends energy prices higher

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Source: South China Morning Post
Published: 2026-05-12 23:44 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Middle East, Military & Defence, Iran, Energy, Economy & Finance, World News, Business & Economy, War & Conflict
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Snippet:
Inflation had been dropping more or less steadily since peaking with a 9.1 per cent year-over-year spike in prices in June 2022
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