May, Inflation
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May's CPI inflation data was uneventful. Check out if underlying trends could signal a shift toward higher inflation or not.
Loeffler, Trump’s pick to lead the Small Business Administration, owns 136,555 shares worth of the company’s stock. The airline on June 11 broke the abrupt news leaving travelers stranded, The airline operates in Florida, the Bahamas, and the Caribbean.
Here are the key points to know ahead of this morning's consumer-price index for May: Year-over-year inflation is expected to pick up slightly from April to 2.4%, according to the consensus estimate.
The latest Producer Price Index, a closely watched measurement of wholesale inflation, rose 0.1% in May, lifting the annual rate to 2.6%, according to Bureau of Labor Statistics data released Thursday.
The Consumer Price Index increased from 2.3% in April to 2.4% in May year-over-year, according to the Bureau of Labor Statistics’ report.
Egg prices declined again in May, but still remain substantially higher than they were a year ago as avian flu remains on the loose.
May's Consumer Price Index (CPI) report showed inflation pressures eased on a monthly basis despite investor concerns that President Trump's tariffs would accelerate the pace of price increases. The latest data from the Bureau of Labor Statistics showed that the Consumer Price Index (CPI) increased 0.
CPI inflation slows with a 0.1% rise in May, boosting stocks and treasuries. Click here to learn how tariffs and future CPI trends could affect markets.