USA-Inflation accelerates further, 8.6% over one year

WASHINGTON, June 10 (Reuters) – U.S. consumer price inflation accelerated in May as pump prices hit record highs and utility prices rose, official statistics showed on Friday. .

The consumer price index (CPI) rose 1.0% last month after rising 0.3% in April, the Labor Department said. Over one year, it jumped 8.6%, after +8.3% the previous month.

Economists polled by Reuters, however, expected an average increase of 0.7% month on month and 8.3% year on year.

The basic price index (“core CPI”), which excludes those of energy and food products, increased by 0.6% over one month as in April, and over one year, its increase came out at 6.0% after +6.2% in April. The consensus gave it up 0.5% month-on-month and 5.9% year-on-year.

(Report Lucia Mutikani, French version Marc Angrand)

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