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CPI Shows Inflation Accelerating After Weeks of War in Iran

By NYTimes May 12, 2026 Bearish
CPI Shows Inflation Accelerating After Weeks of War in Iran
The Consumer Price Index rose 3.8% in April from a year earlier as higher energy costs replaced tariffs as the driver of higher prices for Americans.
The Consumer Price Index rose 3.8% in April from a year earlier as higher energy costs replaced tariffs as the driver of higher prices for Americans.