The Consumer Price Index (CPI) rose by 0.5% month-on-month (m/m) in May, meeting the Bloomberg consensus forecast. On a twelve-month basis, CPI jumped 4.2% – the fastest rate of growth in three-years. Higher energy costs accounted for over sixty percent of the monthly gain in headline, led by a 7.0% m/m gain in prices at […]
The post US: Headline Inflation Climbs to a Three-Year High in May appeared first on ActionForex.
SOURCE LINK : US: Headline Inflation Climbs to a Three-Year High in May
TD Bank Financial Grouphttp://www.td.com/economics/ The information contained in this report has been prepared for the…
Markets US May CPI inflation printed near consensus. Headline CPI rose by 0.5% M/M with…
The escalation in the Middle East has not led to a rise in Brent prices….
Market Overview The crypto market capitalisation has fallen by 2.7% to $2.12T, failing to establish…
The euro is showing signs of a modest recovery following a sharp decline triggered by…
Markets Yesterday’s global market price action lacked a clear, unique narrative resulting in erratic-like trading…
