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May CPI report shows inflation remained flat month over month

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Consumer Price Index (CPI) remains unchanged in May, the needle staying where it is in a forecast where experts originally anticipated a 0.1% month-over-month increase. Core CPI — which excludes food and energy prices — increased by 0.2% against expectations for a 0.3% monthly rise. Annually, the key inflation data point grew by 3.3% against estimated forecasts of 3.4%.

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#cpi #yahoofinance #inflation
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