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US Economy: US inflation hits six-year high

Prices in the US are rising at their fastest pace since 2012.
US inflation rate The US consumer prices index rose to 2.8% per annum in May, up from 2.5% in April.

That’s a little higher than expected, and the highest inflation rate since February 2012.

An indication that the US economy is starting to overheat and not doing as well as the Trump Administration is saying it is.

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