US CPI  Inflation May 2022

By HAK News

U.S. consumer inflation CPI in May 2022 reached its highest level in more than four decades

US CPI Inflation

Consumer price index (CPI) inflation data - rate’s Acceleration from  8.3% y/y in April to  8.6% in May 2022

US CPI Inflation

Consumer price index (CPI) inflation data increased due to surging energy and food prices which pushed CPI higher

US CPI Inflation

Most Stocks in the United States NYSE amd Nasdaq plummeted. The Dow Jones Industrial Average dropped approximately 750 points, or 2.3 percent 

US CPI Inflation

S&P 500 and the Nasdaq Composite both fell 2.6 percent and 3.2 percent, respectively, as technology stocks fell with banks and consumer stocks.

US CPI Inflation

All Crypto Prices dip after the Inflation CPI data report. Bitcoin declined 3.8% to $28,990,Ethereum slipped 7% to $1,676 

US CPI Inflation