Report: Inflation cooled in May — PYMNTS.com

Photo by Yaopey Yong on Unsplash

Inflation cooled a bit in May, but rental housing and restaurants bucked that trend:

But the data released Wednesday (June 12) by the U.S. Bureau of Labor Statistics shows that two key areas of spending — food consumed “away from home” at restaurants and the cost of rent — were still higher in the month.

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