US Inflation in May Jumps; Annual Inflation Rate Flat

The cost of living in the United States jumped in May by the most in more than two years as prices at the pump surged by the biggest amount in nearly six years, according to government data released on Thursday, June 18.

Inflation over the past year, however, was unchanged and that was after falling for the steepest decline in 5-1/2 years through the 12 months ended April. Continue reading US Inflation in May Jumps; Annual Inflation Rate Flat