Event Brief
UPDATED May 14, 2026 at 9:02 AM ET
May 12, 2026 at 9:02 AM ET
Inflation jumps to highest level since 2023
By The BriefBrief
Inflation rose to its highest level since 2023 as gasoline prices pushed consumer costs up 3.8% year over year.
WHO: Consumer prices
WHAT: Inflation increased to the highest level since 2023, driven by higher gasoline prices
WHEN: May 12, 2026 at 8:36 AM ET
WHERE: USA
WHY: Rising gasoline prices pushed inflation higher.
How this story developed (showing 6 of 6 earlier reports)
Reporting from 14 identified publishers across this event arc.
View all 14 publishers
Publishers represented across this event arc
These publishers contributed reporting to the broader event history. Not every source addresses the specific development described above.
How this brief is built: The BriefBrief correlates multiple sources into one evolving event brief, updated as new facts emerge.
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