Pursuits
Consumer Prices Excluding Food, Fuel Rise as U.S. Rents Up
- Costs of shelter climbed in May by the most in nine years
- Core prices rose 2.2% over past year, up from 2.1% in April
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The cost of living in the U.S. excluding food and fuel rose in May, propelled by rising rents.
The so-called core measure of the consumer price index rose 0.2 percent last month, the same as in April, a Labor Department report showed Thursday in Washington. The broader measure of consumer prices also climbed 0.2 percent.