economy and politics

The annual rate of inflation in the US continued to decline and was 4%

Inflation

The annual rate of inflation in the United States continues to fall and in May it fell, for the eleventh consecutive month, and stood at the 4 %, nine tenths less than in April, according to the data published this Tuesday by the Bureau of Labor Statistics (BLS, in English).

(See: Women have lost $61 billion due to the wage gap in the US.)

The drop is the second steepest decline since the gauge began decrease in July 2022.

(See: The high economic costs that El NiƱo will bring during 2023 and 2024).

In monthly terms, prices rose one tenth.

Inflation.

AFP

(See: Growth of the economy in 2023: this is projected by the Ministry of Finance).

(See: Colombia, among OECD countries with the highest inflation in April).

EFE

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