According to the Bureau of Labor Statistics CPI report released on June 13th, Annual Inflation declined from 4.9% in April to 4.0% in May. (but according to our calculations, it was from 4.93% to 4.05%.) Monthly inflation was 0.25% for May 2023, compared to 1.10% in May 2022. May 2023 Inflation Summary: Annual Inflation fell from 4.93% to 4.05% CPI Index rose from 303.363 to 304.127 Monthly Inflation for April was 0.25% Next release July … [Read more...]