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June 10, 2022
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Inflation picks up in the United States and closes May at 8.6% annual

Inflation picks up in the United States and closes May at 8.6% annual

After a slight moderation in April, inflation picked up again in the United States in May until closing the month at an annualized rate of 8.6%, the highest since December 1981, the United States Bureau of Labor Statistics reported this Friday.

(See: Does Amazon monitor the time off of its employees?).

Specifically, the cost of living registered a 1% advance in the fifth month of the year, a figure considerably higher than the 0.3% monthly variation that was evidenced in April.

The divisions of foods (1.2%), gasoline (4.1%) and living place (0.6%) were the ones that contributed the most to the monthly figure. Thus, on an annualized basis, the division of food and food at home have an advance of 10.1% and 11.9%, respectively.

(See: Sena seeks drivers for work in the United States).

At 12 months, the category of Energy presents a variation of 34.6%, the largest since September 2005. Within it, gasoline has advanced by 48.7%. The electricity it has done so by 12% and the gas, 30.2%.

(See: World Bank forecast for global GDP lowered from 4.1% to 2.9%).

On the other hand, the Underlying inflation, that without food or energy, reaches an annualized record of 6%.

(See: What it costs to live in the United States in Colombian pesos).

BRIEFCASE

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