US consumer prices climbed sharply again last month as the 10-week war with Iran pushed energy prices higher.
The Labor Department’s consumer price index rose 3.8 per cent from April 2025, according to data released on Tuesday. On a month-to-month basis, April prices rose 0.6 per cent from March as petrol prices rose 5.4 per cent during the month; the month-over-month gain was down from 0.9 per cent increase from February to March.
Labor Department figures showed that petrol prices are up more…
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