US consumer prices rise more than forecast

Bloomberg May 11, 2022 09:41 · 13.7k Views

The core 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 broader CPI rose 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 Surveillance."

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