The Bureau of Labor Statistics reported that the Consumer Price Index increased 4.2% in May from year-ago levels after increasing 3.8% in April. Year-over-year core CPI (which excludes volatile food ...

The May CPI report is forecast to show continued high inflation due to rising energy prices. Higher fuel prices could begin to bleed through to warehousing, retail, and wholesale trade, among other ...

Recent economic reports confirm that the war in Iran, which has caused energy prices to spike, is accelerating inflation. Indeed, the Consumer Price Index (CPI) for May rose at its fastest annual pace ...

Energy prices, elevated from the Iran war, will continue to exert upward pressure on the Consumer Price Index in May, while the core CPI number is expected to demonstrate a more measured increase.

US consumer prices continued to soar in May, pushed higher by surging energy costs more than three months into a war with Iran, according to government data released Wednesday. Prices rose 4.2% from ...

Follow MarketWatch's live coverage of the consumer price index report for May, and its impact on the economy, markets and your money. ‘Squeezing more life out of every dollar’: How inflation is ...

May inflation rose to 4.2% year over year, the highest level in three years, according to the Consumer Price Index report. NBC News’ Christine Romans reports on prices rises by sectors and how wages ...

Inflation ticked higher in May as American consumers continued to face elevated fuel prices amid the Iran war's impact on the energy market and across the economy. The Bureau of Labor Statistics (BLS) ...

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The consumer price index rose at a seasonally adjusted 0.5% for the month, putting the annual inflation rate at 4.2%, both in line with expectations. The core CPI accelerated 0.2% for the month and ...