US Consumer Inflation Cools For 11th Straight Month In May

Name: US Consumer Inflation Cools For 11th Straight Month In May
Uploaded: 2023-01-01T00:00:00+00:00
Duration: 2 min
Description: Published On: June 14, 2023 - In May, consumer inflation in the United States continued to slow down for the 11th consecutive month. The consumer price index, which tracks changes in various goods and services, saw a modest increase of only 0.1% during the month. As a result, the annual level decreased to 4% from April's 4.9%.

2023 • 2min • News • Business

Informative

Published On: June 14, 2023 - In May, consumer inflation in the United States continued to slow down for the 11th consecutive month. The consumer price index, which tracks changes in various goods and services, saw a modest increase of only 0.1% during the month. As a result, the annual level decreased to 4% from April's 4.9%.