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https://www.marketwatch.com/story/consumer-prices-soar-again-cpi-shows-and-shove-rate-of-inflation-to-a-13-year-high-11623328693?mod=mw_latestnews

The cost of living surged again in May and drove the pace of inflation to a 13-year high of 5%, reflecting a broad increase in prices confronting Americans as the economy fully reopens.

The consumer price index jumped 0.6% last month to mark the fourth large increase in a row, the government said Thursday.

...

Another closely watched measure of inflation that omits food and energy also rose 0.7% in May. The 12-month rate climbed to 3.8% from 3% — a 29-year high.

Edit: https://www.bls.gov/cpi/ and their news release: https://www.bls.gov/news.release/cpi.nr0.htm



Submitted June 10, 2021 at 08:45AM by splat313 https://ift.tt/3v8pXQn

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