CNN’s Post

View organization page for CNN, graphic

3,076,032 followers

Prices in the US didn’t rise in May, lending a welcome reprieve to cost-wary Americans and helping to bring inflation even closer to normal levels. The Personal Consumption Expenditures price index — a closely watched inflation gauge that the Federal Reserve uses for its 2% target — was unchanged from April and slowed to 2.6% for the 12 months ended in May from 2.7% the month before, according to data from the Commerce Department.

US prices didn't rise last month for the first time since November | CNN Business

US prices didn't rise last month for the first time since November | CNN Business

JOHN AURELLO

PARTNER at BARUNO,HANNAFORD,AURELLO,CPA'S

2d

Food will rot if not bought and hence food sales cause prices to go down temporarily. 

Kristian Davis

Business Owner of Lakeside floor 2 ceiling Remodeling, Property investor, and owner of KS Homes LLC short term property management.

2d

Yea it also did not come down

See more comments

To view or add a comment, sign in

Explore topics