Yesterday, Washington Insider reported that the U.S. consumer price index rose to its highest level in three years in April. Data released by the U.S. Department of Labor on Wednesday showed that the producer price index surged in April—the largest increase in four years—driven by soaring costs of goods and services. This once again indicates that inflation in the United States is accelerating against the backdrop of a potential war with Iran, putting domestic political pressure on Trump, who is currently visiting China.
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Original article: toutiao.com/article/1865142912003275/
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