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Cost of Iran war rises to $29B

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Overview
 · 1mon
Iran war oil shock pushes US inflation to 3.3%. It’s expected to get worse
A war-driven jump in gas prices helped push US inflation to 3.3% in March, marking the fastest annual pace in nearly two years, new Bureau of Labor Statistics data showed Friday.

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 · 1d
The Iran war is hitting home as gasoline prices fuel inflation surge of 3.8% in the US
Idaho State Journal · 13h
Cost of Iran war rises to $29B as US gas prices spike
 · 1d
Trump and Hegseth claim 'control' over Iran and the Strait of Hormuz as ceasefire talks are stalled
Trump said he would have a “long talk” about Iran with Chinese President Xi Jinping but said trade would be a bigger focus.

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 · 1d
Trump says Iran ceasefire is on ‘life support’ and proposes gas tax pause as strait stays closed
Alaska Dispatch News · 1d
Trump says ceasefire is on ‘life support’ as Iran standoff deepens and strait remains closed

US annual inflation hits 3.8% in April

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Impacts
 · 1d
US inflation rises to 3.8%, highest since May 2023, as energy prices surge
Even though inflation is hot, the mechanism is demand destruction: higher gasoline/food costs squeeze consumers, slowing growth. That combination typically eventually drives a “growth scare” bid for long Treasuries,

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 · 1d
US inflation jumps to 3.8% as energy costs surge from Iran war
DPA International on MSN · 18h
US annual inflation hits 3.8% in April as energy costs surge
 · 1d
Eating out becoming more expensive as April retail inflation edges up to 3.48%
Retail inflation rose marginally to 3.48 per cent in April compared to 3.40 per cent in the preceding month, mainly due to an uptick in food prices.

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Fortune India · 1d
Retail inflation rises to 3.48% in April as food prices remain elevated
 · 20h
India inflation edges up in April to 3.48% as energy risks grow
 · 1d
April CPI hits 3.48% as metal prices soar, but remains below RBI target
Despite the uptick, the figure remains comfortably below the 4 per cent target, strengthening the case for the central bank to maintain a status quo on interest rates.

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 · 1d
India's retail inflation stands at 3.48% in April on higher food prices
 · 1d
Retail inflation climbs to 4-month high of 3.48% in April
Hosted on MSN
1mon
US inflation surges to 3.3% as Iran war impact bites
Inflation in the United States rose sharply in March, government data showed Friday, as higher energy prices due to the war in the Middle East hit Americans hard. The nationwide sticker shock put pressure on President Donald Trump, who has ordered peace ...
Africanews on MSN
1mon
US inflation surges to 3.3% as Iran war fuels energy price shock
US consumer prices rose sharply in March, with headline inflation climbing to 3.3% year-on-year as energy costs spiked in the wake of the Iran war, official data showed on Friday. View on euronews
AOL
1mon
Inflation rose in March to the highest rate in 2 years as the Iran war lifted energy prices
The Bureau of Labor Statistics published new consumer price index data, including data on energy and gas.Andrew Harnik/Getty Images The effects of the Iran war showed up in the latest US inflation reading. Inflation climbed to the highest rate since May ...
Wall Street Journal
1mon
Inflation Soared to 3.3% in March, Driven by Higher Gasoline Costs
Consumer prices were up 3.3% in March from a year earlier, the Labor Department said Friday, much hotter than February’s gain of 2.4%. It was the highest reading in two years. But it was also in line with the expectations of economists surveyed by The ...
1monon MSN
Consumer prices rose 3.3% in March, as energy prices spiked due to Iran conflict
The consumer price index was expected to show a 3.3% year-over-year gain in March, according to the Dow Jones consensus.
Forbes
1mon
Inflation Rose By 3.3% In March Thanks To Gas Prices—Save With These Gas Credit Cards
Gas prices drove inflation in March up by 3.3%, according to the Department of Labor’s Consumer Price Index for last month. The data, released Friday, showed that the gas index increased by 18.9%—which isn’t surprising, since the Iran war has driven ...
NBC News
1mon
Inflation rose by 0.9% month over month and 3.3% year over year in March
The March inflation numbers reflect a 0.9% month-over-month rise and a 3.3% year-over-year increase. NBC News' Brian Cheung reports on how the Iran war impacted the ...
Capital Market on MSN
1d
Economic buzz: US inflation up from 3.3% to 3.8% in April
Mumbai, May 13 -- The annual inflation rate in the United States accelerated to 3.8% in April from 3.3% in March, the Bureau of Labor Statistics (BLS) said on Tuesday. Month-on-month, the Consumer Price Index (CPI) increased 0.
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