We have a new read on inflation. The Consumer Price Index is lower than what the markets were expecting.
The Index for May increased by a tenth of a percent, and the markets were expecting a two-tenths of a percent increase. Over the last year, inflation has increased 2.4 percent, which is right in line with expectations.
Increases in shelter costs were the main driver in this month’s report.
Related Stories
It’s nothing new—inflation is crazy right now, and the grocery store is one of the major places our pocketbooks are getting hit the hardest. Here are a few ways to save on cooking oil.
Schools around the country will soon have to eliminate any posters or billboards advertising unhealthy snacks on campus.
