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The Economic Times
The Economic Times
National

US consumer inflation rises to 3.8% year-on-year in April as Iran war sends energy prices soaring

United States Inflation Iran

Washington: Consumer inflation in the United States hit a three-year high in April, government data showed Tuesday, with the economic fallout of the Iran war rippling through the world's largest economy.

The consumer price index (CPI) rose 3.8 percent year-on-year, up from March's 3.3 percent figure, the US Bureau of Labor Statistics said.

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