Prices rose at 3.8% for the year ending in April as energy spikes with Iran war
Consumer prices rose at a yearly rate of 3.8% in April, driven by high fuel costs alongside the conflict in the oil-rich Middle East.
TL;DR
- Consumer prices increased by 3.8% annually in April.
- High fuel costs were a major driver of this price increase.
- Conflict in the oil-rich Middle East also contributed to the rise in prices.