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economicJun 12, 2026

Average gas prices pass $5 a gallon in Chicago as inflation surges to 3-year high

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Average gas prices pass $5 a gallon in Chicago as inflation surges to 3-year high

Source: currentsapi — Read the full report

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  • currentsapi(Mixed)By Claire Malon

    Inflation surged in May to levels not seen in three years, thanks in large part to soaring energy costs as a result of the Iran war, now entering its fourth month. Consumer costs are 4.2% higher compared to a year ago, according to the Bureau of Labor Statistics’ latest consumer …

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