• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Best Managed Accounts
  • Forex Robots
  • Forex Brokers
  • Forex Signals
  • Social Trading Platforms
  • Community Reviews

  • Robots
  • Start Guide
  • Glossary
  • Basics
    • Currency Pairs
    • Charts
    • Candlesticks
    • Trading Tips
  • Strategies
    • Technical Analysis
    • Fundamental Analysis
    • Day Trading
    • Scalping
    • Swing Trading
    • Trend Following
  • News
  • Reviews
    • Forex Robots
    • Forex Brokers
  • Mustreads
  • Crypto Trading

US Inflation Accelerates to 40-Year High

June 10, 2022 by Forex Winner Leave a Comment

US Inflation Accelerates to 40-Year High

Source: Bureau of Labor Statistics

Consumer prices in the United States continued to climb in May to mark the fastest pace in over 40 years. QQQ is down 1.86%, and SPY is down 1.58% premarket.

  • Annual inflation clocked in at 8.6% in May, marking the biggest increase since December 1986.
  • Annual core inflation stood at 6.0%, while monthly core inflation was 0.6%, unchanged from the previous month.
  • The biggest annual increase was recorded in energy prices which surged by 34.6% as energy commodities jumped 50.3% and energy services by 16.2%.
  • Prices of gasoline increased by 48.7% and fuel oil by 106.7%, while electricity prices jumped 12.0%, and utility gas service by 30.2%.
  • New vehicle prices increased by 12.6%, used cars and trucks by 16.1%, apparel by 5.0%, and medical care commodities by 2.4%.
  • Shelter prices grew by 5.5%, transportation services by 7.9%, and medical care services by 4.0%.

Best Forex Robots ›

Compare leading trading systems on the market

Filed Under: Forex News

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Best Forex Robots

  1. Techberry 8.7
  2. Happy Forex 8.0
  3. Forex Fury 7.7
  4. Promax Gold EA 6.8
  5. Gump EA 6.4

Best Forex Brokers

  1. Techberry 8.7
  2. XM 8.2
  3. eToro 8.1
  4. Pepperstone 8.1
  5. IG 8.0

Latest News

Dogecoin (DOGE) Realized Profits Soar 225% in 24 Hours

May 22, 2025

AML Agency Tells Russians: Crypto Exchanges Send Us Your Data

May 21, 2025

Fresno car dealership owned by former MLB pitcher allowing Bitcoin as form of payment

May 20, 2025

Footer

Forex Broker Reviews

lqdfx

LQDFX Review

November 20, 2019 By Forex Winner

Fidelity Review

November 19, 2019 By Forex Winner

Kodi Kai Trades Review

May 28, 2023 By Shandor Brenner

Forex Robot Reviews

Earn2Trade Review

August 20, 2023 By Shandor Brenner

FundedNext Review

August 16, 2023 By Shandor Brenner

Topstep Forex Review

August 14, 2023 By Shandor Brenner

EMAIL NEWSLETTER

Sign up to receive exclusive forex trading guides and insights from our team of experts!

Copyright © 2025 · Forex Traders Guide · About Us · Contact Us
Privacy Policy · Risk Disclosure