What’s fueling inflation? Fuel.
The price of the fuel, used by farmers and truckers, is up more than 75% since the start of the Iran war in late winter. Diesel costs have become a particular concern for economists, who say higher diesel fuel costs trickle down into “just about everything.”
And the final government inflation report before November’s pivotal midterm elections will most likely reflect how much of a headache it has become for businesses and consumers.
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