← Back to feed Music & Entertainment

US consumer inflation jumps as Iran war sends energy prices higher

SCMP Culture 12 May 2026 18h ago
US consumer inflation jumps as Iran war sends energy prices higher
61
Relevance
3/25
Freshness
24/25
Authority
18/20
Brand Signal
10/15
Depth
6/15
Relevance Freshness Authority Brand Depth
US consumer prices climbed sharply again last month as the 10-week war with Iran pushed energy prices higher. The Labor Department’s consumer price index rose 3.8 per cent from April 2025, according to data released on Tuesday. On a month-to-month basis, April prices rose 0.6 per cent from March as petrol prices rose 5.4 per cent during the month; the month-over-month gain was down from 0.9 per ce
Read Full Article → SCMP Culture ↗