Article #48145

South China Morning Post - World News

South China Morning Post - World News

Title US inflation spikes to 3-year high in May as Iran war energy shock persists Source South China Morning Post - World News
Description US consumer inflation surged to a fresh three-year high in May, according to official data released on Wednesday, as increased energy prices rippled through the world’s largest economy. The consumer price index (CPI) rose 4.2 per cent year on year, up from April’s 3.8 per cent figure, the US Bureau of Labour Statistics said. It was the highest reading since April 2023, according to official data, but in line with analyst expectations. The US-Israel war against Iran, launched in late February,...
Link https://www.scmp.com/news/world/united-states-canada/article/3356669/us-inflation-spikes-3-year-high-may-iran-war-energy-shock-persists?utm_source=rss_feed Published At 2026-06-10 10:18:02 (1 month ago)
Created At 2026-06-10 10:18:31 Updated At 2026-06-10 10:18:31