U.S. inflation report shows 2.4% increase in consumer prices

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  Posted by Two Blokes Jun 11 - Filed in General - #TwoBlokesTrading  - 2 views
  
  U.S. inflation picked up a bit last month as food costs rose, though overall inflation remained mostly tame.Consumer prices increased 2.4% in May compared with a year ago, according to a Labor Department report released Wednesday. That is up from a 2.3% yearly increase in April.