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
