Monthly Consumer Price Index

The consumer price index for May reached 309.7, up just 0.2 percent - an encouragingly modest rise indicating that inflation remains under control. Food prices dropped and housing and fuel rose only moderately.

The nation's primary inflation measurement showed few signs of the explosion in prices some economists have predicted. Though not unexpected, the news should encourage investors in stocks and bonds.

of stories this month > Get unlimited stories
You've read  of  free articles. Subscribe to continue.

Unlimited digital access $11/month.

Get unlimited Monitor journalism.