May Consumer Prices Up 0.7%, Core Prices Tame

June 14, 2007

A steady rise in food and energy costs pushed overall consumer prices up 0.7% in May, the sharpest gain in more than 1.5 years, but prices that strip out volatile food and energy barely edged up, the Labor Department said on Friday.

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May Consumer Prices Up 0.7%, Core Prices Tame

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