Diesel Hits $5 a Gallon, Stoking Inflationary Ripples Across the U.S. Economy

1 min read
Source: Axios
Diesel Hits $5 a Gallon, Stoking Inflationary Ripples Across the U.S. Economy
Photo: Axios
TL;DR Summary

Diesel prices have jumped to $5.04 a gallon, the highest in four years, raising transport costs for trucks, trains, and ships and potentially lifting core inflation even before consumer prices fully reflect the increase.

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