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Annual inflation rose to a three-year-high of 4.2% in May, underscoring how elevated energy prices are rippling through the US economy, according to new data from the Bureau of Labor Statistics.
The Bureau of Labor Statistics released the May consumer price index report on Wednesday at 8:30 a.m. Eastern time.
See more of our trusted coverage when you search. Prefer Newsweek on Google to see more of our trusted coverage when you search. Environmental activist Erin Brockovich has added thousands of community ...
The consumer price index rose at a seasonally adjusted 0.5% for the month, putting the annual inflation rate at 4.2%, both in line with expectations. The core CPI accelerated 0.2% for the month and ...