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EconomyUS petrol prices fall, but inflation remains elevated

US consumer prices rose 0.4 percent in October, above forecasts, while housing and food costs also increased. Petrol prices eased as concerns about the long-term effects of the Strait of Hormuz closure subsided, but remained well above a year earlier. The article says the Iran war and its economic impact figured among voters’ key concerns in the midterm elections.

US inflationpetrol pricesconsumer pricesIran war

AAl Jazeera★★★☆☆2026-11-10 17:40Original

US petrol prices fall, but inflation remains elevated
US petrol prices fall, but inflation remains elevatedEconomy