AP News

US consumer prices jump as Iran war sends energy prices rapidly higher (opens in new tab)

A shopper peruses cheese offerings at a Target store Wednesday, Oct. 4, 2023, in Sheridan, Colo. (AP Photo/David Zalubowski, File)2026-05-12T12:39:16Z WASHINGTON (AP) — U.S. consumer prices climbed sharply again last month as the 10-week war with Iran pushed energy prices higher. The Labor Department reported Tuesday that its consumer price index rose 3.8% from April 2025. On a month-to-month basis, April prices rose 0.6% from March as gasoline prices rose 5.4%.Excluding volatile food and ene...

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