(Washington) Inflation slowed sharply in May in the United States, to 4.0% over one year against 4.9% in April, the lowest since March 2021, but still too high for the taste of the American central bank (Fed), which meets Tuesday and Wednesday.
Over one month alone, the rise in consumer prices is 0.1% against 0.4% in April, according to the CPI index published on Tuesday by the Department of Labor, and on which pensions are indexed. Year-on-year inflation is in line with expectations, but is down more than expected month-on-month, as analysts had expected 0.4% month-on-month, according to MarketWatch consensus.
