June 25, 2021
Inflation in the United States maintained its upward trend in May, rising 3.9% from the same month last year, amid a strong recovery in the US economy, according to data released Friday by the Commerce Department.
Most of the increase came from a 24.7% increase in energy prices, while food climbed 0.4%.
At the same time, household income fell 2%, although less than the -2.5% expected, after a historic fall of 13.1% in April.
Meanwhile, household consumption remained unchanged, when analysts expected a slight increase of 0.3%.
With information from .