the United StatesMěiguó美国April / the 4th month4 yuè4月inflation ratetōnghuò péngzhàng lǜ通货膨胀率to rise to / to climb toshēng zhì升至3.8 percent3.8%3.8%，to set (a record)chuàng创in three years / over the past three yearssān nián lái三年来new highxīn gāo新高。
May 15, 2026 at 8:00 AM
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BusinessUS April Inflation Rate Hits 3.8 Percent, Highest in Three Years
The US Department of Labor reported that consumer prices rose 3.8 percent year-on-year in April, the highest rate since May 2023, driven largely by surging energy costs linked to the Iran war.
According to the US Department of Labor report, consumer prices rose 3.8% year-on-year in April. This is the highest inflation data since May 2023. Energy prices are the main reason, with gasoline prices rising 28.4% year-on-year. Analysts believe that the Iran war has led to decreased oil supplies, which has driven up energy costs. Food prices also rose 3.2%. The market now expects that the Federal Reserve will not cut interest rates this year.
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