#BinanceNews
The US Department of Labor announced on Wednesday that the consumer price index surged 4.2% year-over-year in May, up from 3.8% the previous month, marking the highest annual increase since April 2023. According to Jin10, this data indicates that high energy costs linked to the conflict with Iran continue to exert upward pressure on prices.
The US Department of Labor announced on Wednesday that the consumer price index surged 4.2% year-over-year in May, up from 3.8% the previous month, marking the highest annual increase since April 2023. According to Jin10, this data indicates that high energy costs linked to the conflict with Iran continue to exert upward pressure on prices.