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US inflation hits 4.2% in May as Trumpโ€™s Middle East conflict drives up prices - as it happened

10 June 2026 at 14:20

US inflation hits a three-year high in May

European stock markets are taking a more decisive turn downwards now โ€“ the UKโ€™s FTSE 100 has fallen 0.5%. The German Dax is down 0.6% and the French Cac 40 is down 0.3%.

The Europe Stoxx 600 is down 0.4%.

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ยฉ Photograph: Douliery Olivier/ABACA/Shutterstock

ยฉ Photograph: Douliery Olivier/ABACA/Shutterstock

ยฉ Photograph: Douliery Olivier/ABACA/Shutterstock

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