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Inflation Surges to 3.8% on High Gas Prices

did:plc:kpkcscbf2zshv7shqgqn45wn May 12, 2026
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US consumer prices climbed sharply again last month as the 10-week war with Iran pushed energy prices higher. The Labor Department reported Tuesday that its consumer price index rose 3.8% from April 2025, per the AP . That's above expectations of 3.7% and a sharp uptick from last month's...

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