US Inflation Eases in May, Signaling Potential Decrease in Price Pressures
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#18b8fd65 ver:0.56

US inflation eases in May, signaling potential decrease in price pressures. Core prices rose 0.2% from April to May, the smallest increase since October. However, necessities like groceries, rent, and healthcare remain pricier than three years ago. US producer prices increased more than expected in April, indicating stubbornly high inflation. US import prices rose more than forecast, suggesting continued inflationary pressures. Nearly 4 in 10 factories in New York State are raising prices due to supply chain disruptions. Inflation stabilizes at an elevated level due to government encroachment on the free market. #inflation #economy #prices...

#newstr #UsInflation #PricePressures #FederalReserve #Biden 

 https://here.news/story/18b8fd65?ver=0.56