Restaurant owner says "it's pretty scary" as inflation could force him to hike prices

Inflation has soared to its highest level in nearly three years, rising to an annual rate of 3.8%. Surging fuel prices, a result of the war with Iran, are impacting businesses and consumers. Jason Allen reports.

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According to CBS News’s source item, Restaurant owner says “it’s pretty scary” as inflation could force him to hike prices, Inflation has soared to its highest level in nearly three years, rising to an annual rate of 3.8%. Surging fuel prices, a result of the war with Iran, are impacting businesses and consumers. Jason Allen reports.

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The development sits in VINI’s Markets file for readers following markets, companies, finance, insurance, public policy, and economic signals. The original report is linked so readers can check the source account, follow later updates, and compare new coverage against the first published record. The source item is dated 2026-05-13T14:20:31+00:00.

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Primary source: Restaurant owner says “it’s pretty scary” as inflation could force him to hike prices via CBS News. VINI cites and links the source; it does not reproduce the publisher’s full article text without rights clearance.

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