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Inflation climbs to highest level in nearly 2 years

The federal government delivered a cost-of-living report Friday. A spike in gasoline prices triggered by the war with Iran contributed to inflation reaching its highest level in nearly two years.

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Scott Horsley is NPR's Chief Economics Correspondent. He reports on ups and downs in the national economy as well as fault lines between booming and busting communities.
Steve Inskeep is a host of NPR's Morning Edition, as well as NPR's morning news podcast Up First.