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The Guardian - US
The Guardian - US
Business
Gaya Gupta

US inflation jumped to 3.8% in April as war with Iran continues to drive up prices

Inflation Iran United States US Federal Reserve Kevin Warsh Donald Trump
price displays at a row of gas stations
Gas prices in Titusville, Florida on 31 March 2026. The national average price for a gallon of gas is more than a dollar higher than a year ago. Photograph: Marco Bello/Reuters

US inflation jumped to 3.8% in April as the war in the Middle East continued to drive energy prices and everyday costs for Americans.

Prices rose 3.8% over the last year, according to the data from the Bureau of Labor Statistics, the highest jump since 2023.

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