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Economics3h 4m ago

The consumer price index increased 4.2% in the 12 months through May, marking the largest gain since April 2023.

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United States

Who
Bureau of Labour Statistics, economists, Federal Reserve
What
The consumer price index increased 4.2% in the 12 months through May, marking the largest gain since April 2023.
When
Thu, 11 Jun 2026 02:07:00 GMT · 3h 4m ago
Where
United States ·
Why
Surging prices for energy products amid the West Asia conflict boosted inflation.
The Frontline Impact

How this affects you

The rise in inflation provides more reason for the Federal Reserve to maintain unchanged interest rates, and major Wall Street indexes saw declines, with gold prices also falling.

Story chain

2 events in this thread
  1. Currently Reading3h 4m ago
    The consumer price index increased 4.2% in the 12 months through May, marking the largest gain since April 2023.
  2. Economics4h 57m ago
    Analyst Stephen Kates said that energy costs are driving US inflation higher, which led to a 'dreary report'.
    Open article

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