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"path": "/news/world/166702-us-inflation-rises-energy-prices-trump-rate-cuts-2026/",
"publishedAt": "2026-05-13T11:08:00.000Z",
"site": "https://english.pravda.ru",
"tags": [
"World"
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"textContent": "The US consumer price index accelerated to 3.8 percent year-on-year, marking the highest inflation reading since May 2023 and signaling renewed pressure on the American economy. The latest figures point to a broad-based rise in prices, driven largely by soaring energy costs and escalating instability in global oil markets.\nOn a monthly basis, consumer prices rose by 0.6 percent. Energy prices played the central role in the increase, climbing 3.8 percent as uncertainty surrounding the Strait of Hormuz continued to shake global markets. Analysts warn that unless tensions in the region ease in the coming weeks, energy prices could continue moving higher and place additional pressure on households and businesses across the United States.\nEnergy Prices Drive Inflation Higher\n\nThe American energy market continues to receive support from releases out of the Strategic Petroleum Reserve and existing fuel inventories. However, economists increasingly question how long these measures can contain price growth if geopolitical instability intensifies further.",
"title": "US Consumer Prices Hit Highest Level Since 2023 on Energy Shock and War Fears"
}