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Inflation Surges to 3.8%, Highest in 40 Years
Published 2 days, 11 hours ago
Description
Inflation surges to 3.8% in April, highest in 40 years, due to U.S.-Iran conflict disrupting global energy markets. Gas prices soar, airfares climb, and diesel costs skyrocket, causing widespread economic strain. Core inflation and housing costs also rise, with more price increases expected as the economy continues to adjust to ongoing supply chain disruptions.
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