Inflation jumps to its highest level in three years

Event overview

Inflation report to show latest prices as fuel costs surge amid Iran war

Updated yesterday
ABC News
CNN
2 articles2 sources
Summary

The Iran war has ratcheted up prices for gasoline, airfares and other expenses. This cluster currently includes 2 articles from 2 sources.

What this means

This cluster currently includes 2 articles from 2 sources. Sources in this event include CNN, ABC News.

Original reporting (2)
Inflation jumps to its highest level in three years
ABC News
ABC News
Leaning left
5/12/2026

Inflation report to show latest prices as fuel costs surge amid Iran war

The war has ratcheted up prices for gasoline, airfares and other expenses. Inflation rose for a second consecutive month as the U.S.-Israeli war with Iran continued to send gasoline prices surging in April, government data on Tuesday showed. The inflation report matched economists' expectations. Prices rose 3.8% in.

America is in for yet another long spell of price pain | CNN Business
CNN
CNN
Strongly left
5/13/2026

Higher gas prices sent wholesale inflation soaring last month, signaling more pain ahead for consumers

President Donald Trump’s latest Iran war pitch to American consumers: Short-term pain will bring long-term gain. But Tuesday’s ugly consumer inflation report, Wednesday’s uglier wholesale inflation report and some worrying bond market signals all point to one thing. Wednesday’s Producer Price Index report showed the.