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U.S. Consumer Prices Inch Up Less Than Expected In May

Por: RTTNews Business June 13, 2023

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The Labor Department released its highly anticipated report on consumer price inflation in the month of May on Tuesday, showing prices edged slightly higher.The report said the consumer price index inched up by 0.1 percent in May after climbing by 0.4 percent in April. Economists had expected prices to tick up by 0.2 percent.Excluding food and energy prices, core consumer prices rose by 0.4 percent in May, matching the increase seen in each of... + full article



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