May 2018 Consumer Price Index
Submitted by Atlas Indicators Investment Advisors on June 19th, 2018Consumers are paying more for goods and services according to the Bureau of Labor Statistics’ Consumer Price Index (CPI). In May 2018, this measure of inflation rose 0.2 percent for a second consecutive period . Compared to a year earlier, CPI gained 2.8 percent, increasing at the fastest pace in six years.