US inflation rate rises by 5%

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Thursday June 10, 2021 06:05 PM

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The US consumer price index for May rose at the fastest pace in nearly 13 years as inflation pressures continued to grow in the US economy.

The Consumer Price Index, which represents a basket that includes food, energy, groceries, housing costs and sales across a range of goods, rose 5% from a year ago. Economists polled by Dow Jones had expected a rise of 4.7%.

Source : Economy: US inflation rises by 5%







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