NPR Topics: News

Inflation jumps to its highest level since 2023. Here are 3 things costing a lot more

May 12, 2026Center

Rising gasoline prices pushed inflation to its highest level in almost three years in April. Consumer prices were up 3.8% from a year ago.

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Inflation rose to 3.8% in April, highest since 2023, as Iran war raised energy prices

Washington Examiner

May 12, 2026

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Inflation rose to 3.8% in April, highest since 2023, as Iran war raised energy prices

Inflation rose five-tenths of a percentage point to 3.8% for the year ending in April, the Bureau of Labor Statistics reported Tuesday, as disruptions to the energy market from the Iran war added to underlying price pressures. The inflation reading for April was the highest since May 2023. HIRING JUMPS TO HIGHEST RATE SINCE EARLY 2024…

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US inflation jumps to 3.8% as energy costs surge from Iran war

BBC News

May 12, 2026

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US inflation jumps to 3.8% as energy costs surge from Iran war

The key measure of US inflation rises its highest level since May 2023 as consumers feel the impact of the Iran war.

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Inflation hits milestone not seen since 2023

Blaze Media

May 12, 2026

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Inflation hits milestone not seen since 2023

As the United States navigates a fragile ceasefire in its conflict with Iran, the price of oil has remained volatile and high. Brent crude, the international benchmark, was trading at $104.21 per barrel at market close on Monday, nearly 57% higher than its pre-conflict price. Inflation has risen as a result and is in a territory it hasn’t been since 2023,…

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