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US CPI Inches Higher in May

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jun 16, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Energy prices rose by 1.2% (broadly as expected), thereby reflecting a 2.3% rise in gasoline prices that, nonetheless, left prices at the pump down by a sharp 16.9% from a year ago. Food prices provided some offset to the monthly gain in energy prices, slipping 0.2% lower on a month-over-month[​IMG]

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