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Inflation surges to 3.8% in April as the war in Iran spikes gas and food prices

By Fast Company May 12, 2026 Bearish
Inflation surges to 3.8% in April as the war in Iran spikes gas and food prices
U.S. consumer prices climbed sharply again last month as the 10-week war with Iran delivered higher gasoline prices and more pain for Americans.
U.S. consumer prices climbed sharply again last month as the 10-week war with Iran delivered higher gasoline prices and more pain for Americans.