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U.S. Consumer Prices Rose Strongly Again in May

June 10, 2021

The Labor Department said May's increase in consumer inflation was the largest since August 2008. The jump followed a 4.2% rise for the year ended in April. The core-price index, which excludes the often-volatile categories of food and energy, rose 3.8% in May from a year before-the largest increase for that reading since June 1992.