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Fueled by soaring gas prices, inflation tops 4% for the first time in 3 years

Inflation has jumped to its highest level in more than three years. Much of the increase is fueled by higher gasoline prices since the U.S. launched its war with Iran.

Copyright 2026 NPR

Scott Horsley is NPR's Chief Economics Correspondent. He reports on ups and downs in the national economy as well as fault lines between booming and busting communities.
Leila Fadel is a national correspondent for NPR based in Los Angeles, covering issues of culture, diversity, and race.