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US consumer inflation eases for 11th straight month
US consumer inflation eases for 11th straight month
Business and Economy
by  AFP

Consumer inflation in the United States cooled for an 11th straight month on an annual basis in May, the Labor Department said Tuesday, in an encouraging sign for policymakers. On a monthly basis, CPI rose 0.1 percent in May, decelerating from 0.4 percent in April, the Labor Department said.