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U.S. inflation rises 0.1% in May from prior month, less than expected
The consumer price index was expected to rise 0.2% in May, with a 12-month inflation rate of 2.4%.
Weakness in energy prices helped offset some of the increases, and a handful of other key items expected to show tariff-related jumps, vehicle and apparel prices in particular, actually posted declines.
Nice. Good news for consumers.