Consumer Prices Rise 0.7%

Summary


WASHINGTON Consumer prices surged in May at the fastest pace in 20 months, fueled by another big rise for gasoline and an increase for food as well.

Inflation was docile in other areas, with prices for computers, clothes, cars and airline tickets all falling.

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Extract


Consumer Prices Rise 0.7%

The Consumer Price Index posted an increase of 0.7 percent, the biggest one-month gain since the fal...

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