The United States Declined For The First Time In Two Years In May, But The Garment Industry Rose In CPI.

Data released by the US Department of labor (DoL) on Thursday (June 14th) show consumers in the US in May.

(CPI) for the first time in two years, the biggest drop in December of 08 years was due to the fall in petrol prices and the rise in medical prices.

Data show that after the US quarter adjustment, the CPI rate fell by 0.3%, which is expected to decline by 0.2%, the largest decline since December 2008, while the 1.7% quarter CPI rate rose by 1.7% in May, slightly below the expected increase of 1.8%.

The former values were flat and the annual rate increased by 1.7%.

Excluding volatile prices such as food and energy, the core CPI monthly rate rose by 0.2% in the 5 quarter of the US, which was in line with expectations, with an annual increase of 2.3% in the non seasonally adjusted year and an expected increase of 2.2%.

Judging from the CPI sub index, energy prices recorded a 4.3% monthly rate of decline, of which gasoline prices fell by 6.8%.

In addition, energy prices fell by 3.7% over the same period last year, the first decline since October 2009.

In addition, food prices did not fluctuate significantly in May.

Clothing consumption

In addition to food and energy, other commodities and

The prices of cars have risen, the used cars in that month.

Rental prices are rising.