Inflation Accelerated in May as Iran War Pushed Up Prices
Inflation accelerated in May due to the conflict in the Middle East, which inflated energy prices. Gasoline prices have increased by more than 30 percent since the start of the war in Iran. The rise in inflation is a closely watched measure of the US economy, with interest rates and jobs reports also being monitored.
- ▪A measure of inflation ticked up in May due to the conflict in the Middle East.
- ▪Gasoline prices have increased by more than 30 percent since the start of the war in Iran.
- ▪The rise in inflation is a concern for the US economy, with interest rates and jobs reports also being monitored.
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#masthead-section-label, #masthead-bar-one { display: none }U.S. EconomyInterest RatesInflationAmericans Spending MoreJobs ReportStores Lower PricesGas PricesAdvertisementSKIP ADVERTISEMENTSupported bySKIP ADVERTISEMENTInflation Accelerated in May as Iran War Pushed Up PricesA closely watched measure of inflation ticked up as the conflict in the Middle East inflated energy prices.Listen · 2:14 min Share full article249Gasoline prices are up more than 30 percent since the start of the war in Iran.Credit...Justin Sullivan/Getty ImagesBy Ben CasselmanBen Casselman is the Times’s chief economics correspondent.June 25, 2026 !function(){var e="gps_module_impressions",s="gps_suppress_module",t=new…
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