Breitbart
US · 4 hrs ago
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Inflation Slowed In May Even While Annual Gain Rose To 4.2%
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The US consumer price index rose 0.5% month-on-month in May but showed a 4.2% annual increase, both in line with market expectations according to Department of Labor data.
Inflation Slowed In May Even While Annual Gain Rose To 4.2%
The consumer price index rose 0.5 percent in May compared with April, the Department of Labor said Wednesday. Compared with a year ago, prices are up 4.2 percent. Those increases were in line with expectations.
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