US Consumer Prices Rise More Than Forecast

Thecore consumer price index, which excludes food and energy, increased 0. 6 from a month earlier and 6. 2 from April 2021, according to Labor Department data released. The broaderCPIrose 0. 3 from the prior month and 8. 3 on an annual basis, still among the highest readings in decades. Mike McKee breaks down the numbers on Bloomberg