Quick Bit: Economists had expected prices to rise 8.2 percent. | Economy

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John Carney10 Jun 2022

Compared with April, prices rose one percent.

Inflation hit a four-decade high of 8.557 percent in March and alis down to 8.3 percent in April. Economists had expected inflation to tick down to 8.2 percent in May.

This is the twelfth straight month of inflation above 5 percent.

Economy#BidenflationCPIinflation

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