The latest data from the Bureau of Labor Statistics show sharply lower inflation. The headline number, the consumer price index for all urban consumers (CPI-U) fell at a seasonally adjusted annual rate of 3.31 percent in May, its fastest rate of decline since 2008, when the economy was still contracting. Even without seasonal adjustment, the CPI-U fell at an annual rate of 1.2 percent in the month. >>>Read more
Follow this link to view or download a brief, classroom-ready, slideshow with detailed charts of the latest inflation data.