Episode Details

Inflation surges to 3.8% in April, highest in 18 months, due to Iran conflict disrupting global energy supply. Gas prices skyrocket by 38 cents, driving 40% of overall consumer price increase. Airfares and diesel costs also soar, with diesel jumping 1.88 since the war began. Core inflation rises to 2.8%, indicating broader pressures. Housing costs contribute a 0.6% increase, partly catching up from last falls data collection delay, but future looks challenging if tensions persist.

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