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USA: Prices are rising because of Iran war

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Prices in the USA rise fast. In April, prices rose by 3.8 percent. This is the highest value in 3 years.

One reason is the war against Iran. The way for ships in the sea is closed. Therefore oil and fuel cost much more money.

Fuel is nearly 30 percent more expensive than one year ago. Also flights cost much more money now. The airlines must pay more for fuel.

Food in the supermarket is also more expensive. Above all meat, fish and vegetables cost more. Tomatoes are nearly 40 percent more expensive than last year.

President Donald Trump says: The price rise is only short. He wants to lower taxes on fuel. For that he needs help from the parliament.

Experts are worried. Wages grow slower than prices. This is a problem for many people in the USA.

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Definitions

Inflation
Inflation means that things and services get more expensive.
Consumer prices
These are the costs for goods people buy.
Central bank
The central bank manages the money of the state.

People

Donald Trump
Donald Trump is the president of the USA.
Kevin Warsh
He is an expert for money.

Locations

USA
The USA is a big country in North America.
Iran
Iran is a country in the Middle East.
Strait of Hormuz
This is an important water way for ships.

Sources

Logo Al Jazeera
Al Jazeera

US faces rising costs with Iran war driving energy prices, inflation higher

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BBC

US inflation jumps to 3.8% as energy costs surge from Iran war

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Logo 20 Min
20 Min

ESC 2026: Erste Halbfinal-Show im Live-Ticker

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Logo Stern
Stern

Iran-Krieg: US-Inflation im April auf Drei-Jahres-Hoch

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Logo Zeit
Zeit

Irankrieg: Inflation in den USA steigt auf höchsten Stand seit drei Jahren

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