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. 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

Source and signal

• Open-source intake