Livenow From Fox
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Inflation continued to rise in April as Iran war impacts energy prices
Posted
May 12, 2026
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3:45Now PlayingThe Labor Department released its Consumer Price Index report Tuesday, showing prices for Americans continued to increase last month as the war with Iran continues. Consumer prices rose 3.8% in April from a year ago, and were up 0.6% from the month prior. Energy costs, including gasoline, increased last month, as did the cost of food at a rate not seen since last December. Food costs increased 0.5% last month, and gasoline was up 5.4%.
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