According to US Bureau of Labour Statistics Consumer Price Index rose 5.0% in May

'Inflation' written on chalkboard

Market Report 11-06-21 All eyes are on the U.S. inflation data that was released yesterday. According to the U.S. Bureau of Labour Statistics, the Consumer Price Index (CPI) rose 5.0% in May, year on year. This was the largest 12 month increase in the CPI since August 2008. Meanwhile, “core inflation” which measures the percentage […]