US Consumer Price Index fall 0.1% in May vs 0.2% increase expected

2017-06-14T06:38:45-07:00

CNBC - 6/14/2017 - AP - Consumer prices declined in May, reflecting a big drop in energy prices and smaller declines in a number of other areas. It was the second monthly decline in the past three months and underscored that inflation remains a no-show for the slow-growing U.S. economy. Consumer prices declined in May, reflecting a big drop in energy prices and smaller declines in a number of other areas. It was the second monthly decline in the past three months and underscored that inflation remains a no-show for the slow-growing U.S. economy. The Labor Department said Wednesday that consumer prices edged down 0.1 percent last month following a small 0.2 percent increase in April. Prices had fallen 0.3 percent in March. In addition to a drop in energy costs last month, the price of clothing, airline fares and medical care also declined. Read more @ http://www.cnbc.com/2017/06/14/us-consu ... ected.html

Statistics: Posted by McFurd — Wed Jun 14, 2017 7:38 am

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US Consumer Price Index fall 0.1% in May vs 0.2% increase expected