US inflation unexpectedly increases

Annual ZiG inflation for May stood at 4,4 percent, slightly down from 4,8 percent in April, while annual US dollar inflation rose to 2,8 percent from 2,2 percent in April.

US inflation increased by more than expected last month,as higher egg and energy prices helped to push up the cost of living for Americans.Inflation rose to 3% in January, its highest rate for six months, and above the 2.9% expected by economists.Login to view the full contentYou need to log in to view the full…

Subscribe to read full article. Subscribe today

Related posts

IMF chief warns world isn’t ready for shocks that are piling up

AI saves time but most companies waste the gain

South Africa secures first Fitch rating upgrade since 2005

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More