May CPI Rises 0.6%; Core Rate Up 0.2%

Siegel, Gary E.
June 2008
Bond Buyer;6/16/2008, Vol. 364 Issue 32900, p35
Trade Publication
The article reports that according to figures released by the U.S. Bureau of Labor Statistics, the May 2008 consumer price index (CPI) was up 0.6%, while the core rate climbed 0.2% on a seasonally adjusted basis. The author offers information about the year-over-year CPI rate. The index for petroleum-based energy advanced 5.8% and the index for energy services rose 2.3%. The increase in the food index is also cited.


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