Oil Shock From Iran War Drives US Consumer Inflation To 3-Year High

May 13, 2026 - 00:30
Oil Shock From Iran War Drives US Consumer Inflation To 3-Year High

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The consumer price index (CPI) rose 3.8 per cent year-on-year, up from March's 3.3 per cent figure, the US Bureau of Labour Statistics (BLS) said.

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