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Consumer Price Index, May 2018
The Consumer Price Index (CPI) rose 2.2% on a year-over-year basis in May, matching the increase in April. All eight major components increased on a year-over-year basis in May, although five of the eight major components grew at a slower rate. The transportation index rose 5.6% in May, following a 4.7% increase in April. Chart 2 Chart 2: Consumer prices increase in all major components Consumer prices increase in all major components Chart 2: Consumer prices increase in all major components Energy prices rose 11.6% year over year in May, following a 6.3% increase in April. This growth was led by the gasoline index, ... (full story)
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