US Inflation Set for Another Sharp Jump as US-Iran Conflict Lifts Oil Prices

May 12, 2026 - 08:00
US Inflation Set for Another Sharp Jump as US-Iran Conflict Lifts Oil Prices
The US Bureau of Labor Statistics (BLS) will publish the April Consumer Price Index (CPI) data on Tuesday. The report is expected to show another significant leap in consumer inflation after March’s sharp increase, driven by the elevated Oil prices due to the ongoing conflict between the United States (US) and Iran. The monthly CPI...

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