Thursday, 14 June 2007

U.S. Consumer Prices Probably Increased at Faster Pace as Gasoline Jumped

(Bloomberg) -- Consumer prices in the U.S. rose at
a faster pace in May, propelled by increases in energy costs
that have concerned some Federal Reserve policy makers,
economists said before a report today.

Prices rose 0.6 percent last month after a 0.4 percent gain
in April, according to the median estimate in a Bloomberg News
survey of 78 economists before the Labor Department's report.
Core prices, which exclude food and energy, rose 0.2 percent for
a second month, the survey showed.


Read more at Bloomberg Bonds News

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