Hezhong Society: The US high inflation in May continued to increase CPI by more than 6%year -on -year

China Well -off Network, July 1st. According to the data from the Economic Analysis Administration of the US Department of Commerce, the personal consumption expenditure price index in May is a key indicator of the Federal Reserve's measurement of inflation goals, which has increased by 6.3%compared with the same period last year.

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The U.S. Hedong International News Agency UPI reported that it was promoted by 35.8% of energy prices and rising food prices by 11%. The ratio was the same as in April, below 6.6% in March.Excluding the energy and food prices with large fluctuations, the core personal consumption index rose 4.7%year -on -year, below 4.9%in April and 5.1%in March.

Although the increase is slightly better than 4.8%, it is still close to the record high of the 1980s.

According to data from the Ministry of Commerce, personal income in May was slightly better than expected, an increase of 0.5%.However, the disposable personal income after deducting taxes fell by 0.1%in May, and the year decreased by 3.3%.

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