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High inflation in May in the United States

2021-06-11T01:27:07.566Z


Inflation was strong in May in the United States, with prices rising 5% year on year, their largest increase in nearly 13 years, driven in particular by ...


Inflation was strong in May in the United States, with prices rising 5% year-on-year, their largest increase in nearly 13 years, driven in particular by rising used car prices, according to the CPI index released Thursday.

Read also: Wall Street ends slightly in the red before US inflation

Over one month, the increase stood at 0.6%, a little weaker than in April (+ 0.8%), but more than expected by analysts who expected 0.4%. Excluding volatile food and energy prices, so-called core inflation is 0.7%, lower than in April (+ 0.9%), but also higher than expected.

Source: lefigaro

All business articles on 2021-06-11

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