US inflation jumped to 4.2% in May, the third consecutive increase since start of Iran war

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Source: Guardian Australia
Published: 2026-06-10 23:03 UTC+10:00
Section: Inflation
Factuality Score: 100
Opinion Category: Neutral
Topics: Middle East, Military & Defence, Iran, Energy, Economy & Finance, Business & Economy, War & Conflict
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Snippet:
Before the conflict began, inflation was at 2.4%, but the closure of the strait of Hormuz has affected energy prices
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