WASHINGTON (MarketWatch)
U.S. consumer prices fell 0.3% in May to mark the
biggest decline in three and a half years, as the cost of gas fell sharply, the
Labor Department reported Thursday
The gas index sank 6.8%, the largest drop
since December 2008
So-called core prices, which strip out volatile food and
energy costs, rose a seasonally adjusted 0.2% last month
Economists surveyed by
MarketWatch had forecast a 0.2% decrease in the main CPI but a 0.2% hike in the
core rate
Consumer prices have risen an unadjusted 1.7% over the past 12
months, down from 2.3% in April
The core rate has increased 2.3% over the past
12 months, the same as in April
The government also reported that
inflation-adjusted hourly wages, on average, climbed 0.3% in May
A 0.1%
increase in average hourly earnings, combined with the 0.3% drop in the cost of
living, accounted for the gain
Welcome
The mathematician of the Complutense University of Madrid, José-Vidal Ruiz Varela, argues that Europe must raise its borrowing limit, leaving its deflationary policy.
Cortesía de Investing.com
Agenda Macro
Calendario económico en tiempo real proporcionado por Investing.com España.
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