BUSINESSKXRM FOX21 COLORADO SPRINGS
Inflation hits 4.1 percent in May, highest level in 3 years
Annual inflation reached 4.1 percent in May, the highest level in three years, with prices rising 0.7 percent in the month alone. The data was released by the Commerce Department, measured through the personal consumption expenditures (PCE) index.
Related Signal
Adjacent reporting
- Core inflation rate hit 3.4% in May, highest since October 2023, Fed’s preferred gauge shows
- UK Inflation Rose to 3.3% in March
- Inflation rises to 4.2 percent in May, highest level in 3 years
- Core inflation hit an annual rate of 3.3% in April, as expected, Fed’s preferred gauge shows
- Inflation surged to 4.2% in May — the highest in three years
- Inflation rises to 4.2 percent in May, highest level in 3 years