US: CPI rose 1.4% in May

FXstreet.com (Edinburgh) - The Department of Labour has informed that US consumer prices rose 1.4% on a yearly basis during May, banging on expectations at 1.4%. On a monthly basis, prices rose 0.1% vs. 0.2% expected.

Core CPI, which strips food and energy costs, rose 1.7% over the last twelve months and 0.2% MoM. Both prints have matched the median.