The core CPI, which excludes the volatile costs of food and fuel, fell 0.1% in May after a 0.4% decline in April. Consumer inflation rose 1.2% on the year in May, the smallest year-over-year increase since 2011, after gaining 1.4% in April.
US CPI will continue to be closely watched as slumping prices could lead to deflation as the US economy reopens from the coronavirus pandemic. Still, as consumers have been stuck at home and thus shifted spending habits away from things such as air travel and clothing, it's potentially made the measure less representative of prices.
Groceries are the only category increasing as CPI falls three consecutive months for the first time via csreinicke economy
Deflation
این خبر را خلاصه کرده ایم تا بتوانید سریع آن را بخوانید. اگر به خبر علاقه مند هستید، می توانید متن کامل را اینجا بخوانید. ادامه مطلب:
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US officially fell into a recession in February, according to NBER - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. herdbehaviour It was New Year’s EVE 12/31/19, many citizens were lined up being seen in Wuhan China 🇨🇳 for a “mysterious pneumonia” type illness... CBS 60 minutes/ Dr. Bright Stop spreading lies please. Investors deserve better.
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