By David UbertiU.S. inflation slowed in May, extending an easing in price increases after a hot start to the year. The consumer-price index, a measure of goods and service costs across the economy, rose 3.3% annually last month, the Labor Department said Wednesday. Core prices that exclude volatile food and energy items climbed 3.4% from a year earlier. Write to David Uberti at david.uberti@wsj.com(END) Dow Jones NewswiresJune 12, 2024 08:51 ET (12:51 GMT)Copyright (c) 2024 Dow Jones & Company, Inc.

Source: Wall Street Journal June 12, 2024 18:58 UTC