Business
Recent inflation metrics (CPI and PPI for May)
The Consumer Price Index (CPI) for May showed 0.0% month-over-month change and a 3.3% year-over-year increase, slightly below expectations. The Producer Price Index (PPI) showed a surprising 0.2% MoM decline. These figures suggest inflationary pressures might be easing more broadly than previously thought, potentially giving the Federal Reserve more leeway to consider monetary policy easing.
Find more statistics at Statista
The Consumer Price Index (CPI) for May showed 0.0% month-over-month change and a 3.3% year-over-year increase, slightly below expectations. The Producer Price Index (PPI) showed a surprising 0.2% MoM decline. These figures suggest inflationary pressures might be easing more broadly than previously thought, potentially giving the Federal Reserve more leeway to consider monetary policy easing.
