U.S. Consumer Prices Rise, Pointing To Firming Inflation Pressures

Now watching

Next video starts in : 7 Play

U.S. Consumer Prices Rise, Pointing To Firming Inflation Pressures

U.S. Consumer Prices Rise, Pointing To Firming Inflation Pressures
Replay video
Up next

KIM KARDASHIAN SHOWS OFF GROWING BABY BUMP IN TIGHT WORKOUT GEAR

Unlock your personal NFL Now stream by signing in to NFL.com

U.S. Consumer Prices Rise, Pointing To Firming Inflation Pressures

by Wochit 0:44 mins

U.S. Consumer Prices Rise, Pointing To Firming Inflation Pressures

by Wochit 0:44 mins

U.S. consumer prices recorded their largest increase in more than a year in May as costs for a range of goods and services rose, pointing to a steady firming of inflation pressures. The Labor Department said on Tuesday its Consumer Price Index increased 0.4 percent last month, with food prices posting their biggest rise since August 2011. Still, the main inflation gauge watched by the Fed continues to run below the U.S. central bank's 2 percent target. Last month's increase in consumer prices was the largest since February 2013 and above economists' expectations for a 0.2 percent gain.

Wochit

Must Watch

  1. Various - New Look Wireless

  2. 1:29

    Massive Black Holes Whip Dark Matter Into a Frenzy

  3. 0:37

    70-year old woman finishes ultramarathon

  4. 3:28

    Tiny newborn horse “will steal your heart”

  5. 1:28

    7 Camping Hacks Everyone Should Try This Summer

  6. 2:02

    The World's Greatest Mouth Stuffer

Other Space

  1. 27:05

    Other Space Episode 1: Into the Great Beyond...Beyond

  2. 25:20

    Other Space Episode 2: Getting to Know You

  3. 25:51

    Other Space Episode 3: The Death of A.R.T.

  4. 25:46

    Other Space Episode 4: Ted Talks

  5. 26:44

    Other Space Episode 5: Trouble's Brewing

  6. 27:02

    Other Space Episode 6: Powerless

Other Space

  1. 27:05

    Other Space Episode 1: Into the Great Beyond...Beyond

  2. 25:20

    Other Space Episode 2: Getting to Know You

  3. 25:51

    Other Space Episode 3: The Death of A.R.T.

  4. 25:46

    Other Space Episode 4: Ted Talks

  5. 26:44

    Other Space Episode 5: Trouble's Brewing

  6. 27:02

    Other Space Episode 6: Powerless