U.S. consumer price growth slows as inflation shows signs of steady decline

A SALE SIGN is displayed for clothes at a retail store in Vernon Hills, Ill., on June 12. On Tuesday, the Labor Department reported that consumer prices in the United States cooled last month. (AP PHOTO/NAM Y. HUH)
WASHINGTON (AP) – Consumer prices in the United States cooled last month, rising just 0.1% from April to May and extending the past year's steady easing of inflation. At the same time, some measures of underlying price pressures remained high. Measured year over year, inflation slowed to just 4% in May – the lowest 12-month…

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