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As Iran war drags on, spiking energy prices send inflation to 3-year high
Spiking energy prices sent inflation to a three-year high in May, up 4.2% annually. The Labor Department said the cost of energy was responsible for over 60% of the increase. Core inflation, which strips out volatile food and energy prices, was up ...
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Spiking energy prices sent inflation to a three-year high in May, up 4.2% annually. The Labor Department said the cost of energy was responsible for over 60% of the increase. Core inflation, which strips out volatile food and energy prices, was up ...
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What happened
According to PBS News’s source item, As Iran war drags on, spiking energy prices send inflation to 3-year high, Spiking energy prices sent inflation to a three-year high in May, up 4.2% annually. The Labor Department said the cost of energy was responsible for over 60% of the increase. Core inflation, which strips out volatile food and energy prices, was up a more modest 2.9%. Geoff Bennett discussed more with Roben Farzad of Full Disclosure.
Context
The development sits in VINI’s Global file for readers following international affairs, institutions, conflict, diplomacy, economics, and cross-border consequences. The original report is linked so readers can check the source account, follow later updates, and compare new coverage against the first published record. The source item is dated 2026-06-10T22:50:05+00:00.
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Source
Primary source: As Iran war drags on, spiking energy prices send inflation to 3-year high via PBS News. VINI cites and links the source; it does not reproduce the publisher’s full article text without rights clearance.
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