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

[McFurd]

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