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Consumer prices rose 4.2% annually in May, highest in three years
Consumer prices increased by 4.2% annually in May, marking the highest rise in three years. The consumer price index matched the 4.2% gain predicted by the Dow Jones consensus estimate.
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Adjacent reporting
- Consumer prices rose 3.8% annually in April, the highest since May 2023
- Inflation surged to 4.2% in May — the highest in three years
- Wholesale prices jump to 4-year high and point to even more inflation in the next few months
- UK Inflation Rose to 3.3% in March
- Inflation topped 4% in May as CPI surged to highest level in 3 years
- Inflation spikes to 3.8 percent in April, higher than expected