Inflation rises to a 3-year high on spiking gas prices, squeezing Americans financially
U.S. inflation surged to a three-year high in part because of skyrocketing gas prices as consumer prices exceeded 4% in May’s overall inflationary spike.
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1 viewpointGas prices push inflation to a three-year high, squeezing consumers and businesses
U.S. households, businesses stung by higher energy prices that have pushed inflation above 4%
US households, businesses stung by higher energy prices that have pushed inflation above 4%
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10 viewpointsInflation rises to a 3-year high on spiking gas prices, highlighting affordability challenges
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6 viewpointsWholesale inflation in May hit highest level since November 2022 on soaring energy costs
U.S. Wholesale Inflation Reaches Highest Level Since 2022
Inflation spiked to 6.5% in May in producer index, highest since 2022
Inflation rose again in May as elevated energy prices squeeze consumers
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