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US May CPI Rose 0.1% year-on-year down 1.3%

Source: Internet
Author: User
Keywords Seasonal
Tags consumer consumer price index index
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The U.S. Labor Department reported a seasonally adjusted May consumer price index rose 0.1% per cent, and the impact of rising gasoline prices was largely offset by falling food prices.　　This is the first rally in the CPI index in the last three months.　　Excluding generally volatile food and energy price factors, the United States May core CPI Quarter-on-quarter increase is also 0.1%. In contrast to last May, CPI fell by 1.3% in May this year, the biggest annual decline since April 1950.

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