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The Nexus
BUSINESSJun 11 · 00:15 UTCCROSSCUT SEATTLECascade PBS Staff

Spiking energy prices send inflation to 3-year high

Spiking energy prices drove inflation to a 3-year high of 4.2% annually in May, with energy costs accounting for over 60% of the increase. Core inflation, excluding food and energy, rose 2.9%.

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energy pricestopicinflationtopicLabor Departmentorganizationcore inflationtopicGeoff BennettpersonRoben FarzadpersonFull Disclosureorganization
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