. Data released moments ago by the Bureau of Labor Statistics in the United States of America showed that the Consumer Price Index (CPI), which measures inflation, rose by 0.1% in May, after rising by 0.4% in April, while expectations were for a rise of 0.2%, while the main index, excluding prices, came from it. Food and energy at 0.4%, the same as April’s reading, matching expectations.

On the other hand, the annual index rose over the past 12 months to 4% from 4.9% in April, while expectations were for an increase of 4.1%. The annual core index excluding food and energy prices rose to 5.3% on an annual basis in May from 5.5%.

In the details of the index, the food index recorded a growth of 6.7% on an annual basis from 7.5%, while the energy index decreased by 11.7% in April, after declining by about 5.1% in April.