Share this story
Close X
Switch to Desktop Site

Monthly Consumer Price Index

The consumer price index for May reached 309.7, up just 0.2 percent - an encouragingly modest rise indicating that inflation remains under control. Food prices dropped and housing and fuel rose only moderately.

The nation's primary inflation measurement showed few signs of the explosion in prices some economists have predicted. Though not unexpected, the news should encourage investors in stocks and bonds.

About these ads