The U. S. Consumer Price Index, the gauge that measures change in the costs of goods and services, fell for the third month in a row in May.
June 10 (UPI) — The U. S. Consumer Price Index, the gauge that measures change in the costs of goods and services, fell for the third month in a row in May.
The Labor Department said in its monthly report the index declined by 0.1 percent, after an 0.8 percent drop in April. The figure added up to an overall 0.1 percent index increase over the past 12 months, it noted.
The department said it’s the first time ever the non-food and energy index has declined for three months in a row.
