Inflation increased recently due to a surge in gas prices. This change occurred after a conflict involving Iran.
Further information about the situation is available from the source. Details about the extent of the inflation and the impact of the gas price jump can be found through KTVN.
The source provides additional context and insights into the current economic situation, including the effects of the Iran war on gas prices and inflation.
The all-items consumer price index was expected to rise 0.4% in August, with core, excluding food and energy, showing a 0.2% gain, according to the Dow Jones consensus....