All Major Inflation Measures Fall Below Fed Targets in May

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.