India, June 10 -- A report released by the Labor Department on Wednesday showed consumer prices in the U.S. increased in line with economist estimates in the month of May.
The Labor Department said its consumer price index rose by 0.5 percent in May after climbing by 0.6 percent in April. The price growth matched expectations.
The annual rate of consumer price growth accelerated to 4.2 percent in May from 3.8 percent in April, which was also in line with estimates.
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