The US economic outlook continues to face pressure.

The world's largest economy continues to be impacted by tensions in the Middle East, with US inflation in April rising to its highest level since 2023, while the Gross Domestic Product (GDP) growth rate was also revised downward.

The outlook for the US economy continues to face pressure.

According to data released by the US government on May 28, the Personal Consumption Expenditures (PCE) price index – the Federal Reserve's preferred measure of inflation – surged 3.8% in April 2026 compared to the same period last year, higher than the 3.5% recorded in March 2026. According to the US Department of Commerce, this is the fastest annual increase recorded since 2023.

The core PCE index (excluding volatile food and energy prices) also rose 3.3% during the same period. Analysts believe these figures perfectly match the forecasts of Wall Street economists, demonstrating the repercussions of the Middle East conflict on the American people.

According to analysts, the recent surge in inflation is primarily driven by escalating energy costs amid the ongoing Middle East conflict. Disruptions to shipping through the Strait of Hormuz – a vital waterway for global energy supply – have driven up oil and fuel prices in the US, thereby increasing widespread price pressures.

Source: https://quangngaitv.vn/trien-vong-kinh-te-my-tiep-tiep-chiu-suc-ep-6520623.html