US Consumer Price Index registers 0.5% inflation in May

THE United States Department of Labor (DOL) reported, this Wednesday (10), that the Consumer Price Index (CPI) The country recorded inflation of 0.5% in May, down from 0.6% in April and in line with market expectations.

On an annual basis, the indicator accelerated from 3.8% in April to 4.2% in May, a result in line with investor estimates.

The core CPI — which excludes all volatile items such as food and energy — rose 0.2% monthly, 0.1 percentage point below investors' estimates, and 2.9% annually in April, in line with projections. 

This text was translated by machine from Brazilian Portuguese.