Inflation accelerated again in April as rising energy costs linked to the Iran war continued to push up prices across the economy, according to new data released by the Bureau of Labor Statistics. The inflation rate The inflation was driven largely by soaring energy costs tied to the war in Iran. By: MEGA The annual headline inflation rate climbed to 3.8 percent in April, up from 3.3 percent in March, marking the fastest pace since May 2023 and the highest inflation rate recorded during either of President Donald Trump's terms in office. Consumer prices also rose 0.