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OfficialShipping, energy & marketsWashington, D.C., United States

U.S. inflation rises to 4.2 percent in May, a three-year high driven by gas prices

Mountain Time
Local time
10:50 AM in New York
Where
Washington, D.C., United States

Consumer prices rose 4.2 percent in May from a year earlier, up from 3.8 percent in April, the Labor Department said, and 0.5 percent on the month; AP attributed the rise mainly to gas prices pushed up by the war.

Why it matters

It was the third straight monthly rise, adding pressure at home as Trump threatened more strikes on Iran that day.

Sources (2)

Confidence: Stated by a named government, military, or institution. Not independently confirmed. About confidence labels

Correction

  • Corrected the time from 4:05 PM Eastern Time, Jun 10, 2026; AP page last-modified time used as report timestamp to 10:50 AM New York time, Jun 10, 2026; corrected the headline (it read "AP says energy shock pushed U.S. inflation above 4%"); revised the summary; revised the context note; corrected the location from United States to Washington, D.C., United States; changed the confidence label from reported to official; reclassified it from market to energy-markets; updated the sourcing note; added a source: Al Jazeera live blog; corrected the publication date of Associated Press from 2026-06-10 to 2026-06-10. Why and evidence