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US inflation rate continues to fall

2023-06-13 20:56
Falling prices for eggs, used cars and furniture helped to cut inflation in May.
US inflation rate continues to fall

Prices for eggs, used cars and furniture in the US dropped in May, helping to slash inflation to less than half of its peak a year ago.

Inflation, the rate at which prices rise, was 4% over the 12 months to the end of May, the Labor Department said. That was down from 4.9% in April.

The update...