the United States

Měiguó

美国

April / the 4th month

4 yuè

4月

inflation rate

tōnghuò péngzhàng lǜ

通货膨胀率

to rise to / to climb to

shēng zhì

升至

3.8 percent

3.8%

3.8%

，

to set (a record)

chuàng

创

in three years / over the past three years

sān nián lái

三年来

new high

xīn gāo

新高

。

New Words

News in English

US 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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