US – May Consumer Price Index
13/06/2018 10:45 am MYT
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The headline consumer price index (CPI) in May rose 0.2% from the previous month. Excluding the food and energy components, the core CPI also increased by 0.2% – see table 1. Year-on-year, the headline CPI rose by 2.8% (its highest level since Feb 2012), while the core CPI rose by 2.2% – see figure 1. The increase in the core CPI mainly reflects higher prices in the services segment. Commodity prices at the consumer level have been in deflationary territory for the past five years, albeit improving.

 

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Note from Publisher
Donald Trump and China hating gang are gathering all resources at their disposals to bash China. So far, Huawei has been the favourite target for Trump’s bullying despite falling to provide any proof for all the wrong doings his administration has accused Huawei of. China has often been accused of engaging in unfair competition because she provides all kinds of aid to her state-owned enterprises, which every country in the world is “guilty” of, including the US. Now, the whole world is seeing in real time how a Western hegemon is using all her might to oppress a private company from China.

The global citizens are now facing with a choice. To stand on the side of a country which shouts Buy America First and Hire American First and which would not tolerate any differences in opinion or to support a country which proposes to build a global community with a shared future for mankind and is all embracing. The choice is actually very obvious. What is required now is the courage to make the right choice. Make your voices heard.

i Capital will not be published for the issue dated 6 – 12 Jun, 2019. However, during this period, www.icapital.biz will be updated as usual. Apart from the public holidays, our office’s operating hours will not be affected. Volume 30, number 38 of i Capital will hence be dated 13 – 19 Jun, 2019.
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