Reported 7 months ago
Consumer Price Index (CPI) remains flat in May, contrary to the expected 0.1% increase, while Core CPI, excluding food and energy prices, rises by 0.2% instead of the predicted 0.3%. Annual inflation data shows a 3.3% growth, slightly below the estimated 3.4%. The report discusses various indexes that increased in May such as shelter, medical care, used cars and trucks, and education, while noting decreases in indexes for airline fares, new vehicles, communication, and recreation.
Source: YAHOO