The data released moments before by the Bureau of Labor Statistics in the United States of America showed that the CPI, which measures inflation, rose by 1% in May, after rising by about 0.3% in April, to come better than expectations that indicated a rise to 0.7%, on the other hand, the main index stabilized Excluding food and energy prices at 0.6% (expectations 0.5%).
On the other hand, the annual index rose over the past 12 months to 8.6% from 8.3% in May at its highest pace since 1981, exceeding expectations that indicated a rise to 8.4%, while the annual core index rose to 6.0% from 6.2% (expectations 5.9%).
In the details of the index, the food index recorded a growth of 10.1% on an annual basis, and a rise of about 1.2% in May, while the energy index rose by 34.6% in May on an annual basis and rose by about 3.9% on a monthly basis.
02/11/2024
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