U.S. CPI Was Flat in May, Beating Expectations; Bitcoin Rises to $69.2K

U.S. CPI Was Flat in May, Beating Expectations; Bitcoin Rises to $69.2K

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Source: Coindesk.com

The U.S. Consumer Price Index (CPI) was flat in May, beating economist forecasts for a 0.1% rise and down from 0.3% in April.

On a year-over-year basis, CPI was up 3.3%, compared to analyst forecasts and the previous month's reading at 3.4%.

The core CPI, which excludes food and energy costs, rose 0.2%

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The post "U.S. CPI Was Flat in May, Beating Expectations; Bitcoin Rises to $69.2K" appeared first here Coindesk.com.

Source: Coindesk.com

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