US inflation jumped to 4.2% in May, the third consecutive increase since start of Iran war
•Before the conflict began, inflation was at 2.4%, but the closure of the strait of Hormuz has affected energy pricesUS inflation jumped to 4.2% in May, the third consecutive monthly increase since the...
•In February, before the conflict began, inflation was at 2.4%.
هذا الخبر من The Guardian World. خبر يقدم أدوات ذكاء اصطناعي للتلخيص والترجمة والاستماع.
المصدر: The Guardian World | Source: The Guardian WorldBefore the conflict began, inflation was at 2.4%, but the closure of the strait of Hormuz has affected energy prices
US inflation jumped to 4.2% in May, the third consecutive monthly increase since the start of the Iran war and a three-year high, as Americans continue to face steep oil prices.
Prices have increased sharply over the past several months, rising 3.3% in March before going up to 3.8% in April. In February, before the conflict began, inflation was at 2.4%.
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This article was originally published by The Guardian World. Khabr is a licensed Jordanian AI-powered news platform (Registration #82086). We add editorial value through: AI-powered news analysis, automated summaries, AI audio narration, multi-language translation (Arabic, English, French, Turkish), and AI fact-checking. Our mission is to make news more accessible and understandable for Arabic-speaking audiences worldwide.
