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Consumer prices rose 2.4% over the year, and the month-over-month increase was lower than expected.
Inflation rose by one-tenth of a percentage point to 2.4% for the year ending in May, the Bureau of Labor Statistics reported Wednesday in an update to the consumer price index. Forecasters had ...
The data showed that Trump's tariffs haven't yet pushed overall prices higher, suggesting many companies may be absorbing the ...
U.S. inflation hit 2.4% in May as tariffs begin to impact groceries and goods. Economists warn higher prices could hit ...
US consumer price inflation rose less than expected in May, reflecting the impact of tariffs imposed by the Trump ...
AP US consumer prices increased 2.4% in May compared with a year ago U.S. inflation picked up a bit last month as food costs rose, though overall inflation remained mostly tame. The figures suggest ...
Follow live coverage and analysis of the latest inflation data, the May consumer price index report from the Bureau of Labor ...
Here is a recap of today's inflation report: YoY: 2.4% increase, lower than the 2.6% increase expected by economists MoM: 0.1% decrease, less than the 0.1% increase expected Core YoY: 2.8% ...
The report came out a day after the Labor Department said that consumer prices rose a modest 0.1% last month from April and 2 ...