Inflation Hit Highest Rate In 3 Years In May

About this episode

The episode discusses the rise of inflation to its highest rate in three years, driven by surging oil costs and ongoing geopolitical tensions.

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

Topics covered

• inflation
• consumer prices
• oil costs
• Middle East conflict
• economic data

Keywords

• inflation
• consumer prices
• oil costs
• Bureau of Labor Statistics
• FactSet
• Middle East
• economic data

Mentioned in this episode

Organizations: Forbes Media LLC, FactSet

Books & works: Bureau of Labor Statistics

Places: Middle East

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