Inflation surged in May to levels not seen in three years, thanks in large part to soaring energy costs as a result of the Iran war, now entering its fourth month. Consumer costs are 4.2% higher compared to a year...
Inflation surged in May to levels not seen in three years, thanks in large part to soaring energy costs as a result of the Iran war, now entering its fourth month. Consumer costs are 4.2% higher compared to a year ago, according to the Bureau of Labor Statistics’ latest consumer price report released last week. That’s the single biggest 12-month increase since April 2023. Month-over-month, A shopper looks over fruits and vegetables at La Chiquita grocery store in Chicago’s Little Village neighborhood, Nov. 21, 2025. (Antonio Perez/Chicago Tribune) Inflation surged in May to levels not seen in three years, thanks in large part to soaring energy costs as a result of the Iran war, now entering its fourth month . Consumer costs are 4.2% higher compared to a year ago, according to the Bureau of Labor Statistics’ latest consumer price report released last week. That’s the single biggest 12-month increase since April 2023. Month-over-month, however, inflation cooled slightly, with prices rising 0.5% in May — down from the 0.6% reported in April. Javascript is required for you to be able to read premium content. Please enable it in your browser settings. Brunswick turned out again Saturday night to give a rousing, flag-waving welcome to veterans returning from an Honor Flight to Washington, D.C.
