#HighestCPISince2022
Energy Prices: Gasoline costs accounted for approximately 75% of the overall monthly increase.
Geopolitical Conflict: Supply route disruptions linked to the US–Iran conflict pushed fuel prices above $4 per gallon, causing a sharp, abrupt shock to the headline data.
Energy Prices: Gasoline costs accounted for approximately 75% of the overall monthly increase.
Geopolitical Conflict: Supply route disruptions linked to the US–Iran conflict pushed fuel prices above $4 per gallon, causing a sharp, abrupt shock to the headline data.