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A comment on US inflation jumps to 3.8% as energy costs surge from Iran war. Parent comment

Re:US inflation jumps to 3.8% as energy costs surge from Ira... by giantg2 on Tuesday May 12, 2026 @12:22PM (#48110426)
Yes, and that volatility is why economists exclude fuel and food from core CPI.
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Re:US inflation jumps to 3.8% as energy costs surge from Ira... by mint5 on Tuesday May 12, 2026 @12:35PM (#48110626)
Except oil prices are predicted to remain over $100 for at least the rest of this year. It’s not a short term thing.
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Re:US inflation jumps to 3.8% as energy costs surge from Ira... by giantg2 on Tuesday May 12, 2026 @12:41PM (#48110708)
Depends on your definition of short term. Did oil prices drop after '08-'09 timeframe? A few years could be seen as short term in economic trends.
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