U.S. inflation accelerated to 4.2% in May, 3-year high — fueled by energy crisis

U.S. inflation accelerated to 4.2% in May, a three-year high, according to a report carried by Israeli media. The rise is linked to the ongoing energy crisis in the Persian Gulf, as reported by Lior Bakalo on N12.

2 developments

1. 5 days ago · 18:40 · 10 JunLatest

   Core inflation reached 2.9% while real income fell by 0.7%.

2. 15:36 · 10 Jun

   U.S. inflation accelerated to 4.2% in May, 3-year high — fueled by energy crisis

• Strong5 hours ago · 18:38 · 15 JunAnnual inflation steadies at 1.9% after governor signals rate-cut easing
• Developing16:57 · 8 JunU.S. airlines' fuel expenses surged 78% in April, DOT reports
• Confirmed5 hours ago · 18:42 · 15 JunIsrael apartment prices fall 0.3% in March-April, with sharp drops in Jerusalem and Haifa
• Developing2 days ago · 13:58 · 13 JunUS oil exports hit record 5.4 million barrels per day in May, surpassing Russia and Saudi Arabia

Source and signal

• Internal intake