Episode

Inflation Hit Highest Rate In 3 Years In May

Podcast
Forbes Topline
Published
Jun 10, 2026
Duration seconds
213
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/v1/public/podcasts/forbes-topline-6026943/episodes/inflation-hit-highest-rate-in-3-years-in-may
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/podcast/forbes-topline-6026943/inflation-hit-highest-rate-in-3-years-in-may.md

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Summary

Inflation rose to its highest annual rate in three years in May, as surging oil costs once again fueled broader price increases amid a persistent conflict in the Middle East, according to federal data released Wednesday. Consumer prices increased 4.2% from May 2025 and 0.5% between April and May, the Bureau of Labor Statistics reported, matching consensus economist estimates, according to FactSet. That’s the first time inflation crossed the 4% annual rate since May 2023 (4%), and it’s the highest rate since April 2023 (4.9%). Learn more about your ad choices. Visit megaphone.fm/adchoices