News alert: Inflation slows for 11th straight month in May as grocery, gas prices dip again ahead of Fed decision on interest rates

CPI report shows inflation fell to 4% in May, a new 2-year low, as gas prices, food price gains eased. Core consumer price increases remained high.

Advertisement Read in browser Read in browser Tue Jun 13 2023 Inflation cools again as CPI data shows grocery prices fell, food cost eased; live updates CPI report shows inflation fell to 4% in May, a new 2-year low, as gas prices, food price gains eased. Core consumer price increases remained high. READ FULL STORY→ READ FULL STORY→ Advertisement A Better News Alert We've redesigned your News Alerts to have a cleaner look and feel. Let us know what you think about it. SHARE YOUR THOUGHTS ➔ SHARE YOUR THOUGHTS ➔ SUBSCRIBE TODAY Our Reporting. Your Stories. • Access subscriber-only content on all of your devices.   • Share a bonus subscription with a family member or friend.   • Read our universal eNewspaper - the digital version of our print paper.   • Experience bonus monthly magazines and hundreds of local papers. SUBSCRIBE TODAY SUBSCRIBE TODAY Newsletters   |    eNewspaper   |   Crosswords Follow Us Problem viewing email? View in browser Unsubscribe  •   Manage Newsletters  •  Terms of Service  •   Privacy Policy/Your California Privacy Rights  •  Privacy Notice  •   Do Not Sell My Info/Cookie Policy  •  Feedback