About this episode
The episode discusses the May CPI report, highlighting inflation trends and their economic implications.
The May CPI report dropped Wednesday and it’s a doozy: Inflation rose 4.2% over the last 12 months. This means wallet pressure is bearing down on consumers, as wage growth lags behind price growth. On the other hand, the CPI report includes signals that inflation may have reached its peak. In this episode, an optimist’s and pessimist’s reading of the latest inflation data. Plus: Slowing immigration will have long-term effects on the U.S. economy, and summer camps shift to accommodate anxious teens. Every story has an economic angle. Want some in your inbox? Subscribe to our daily or weekly newsletter. Marketplace is more than a radio show. Check out our original reporting and financial literacy content at marketplace.org — and consider making an investment in our future.
People in this episode
Host: Marketplace
Topics covered
- inflation
- CPI report
- economic impact
- wage growth
- immigration
- summer camps
Keywords
- CPI
- inflation
- economic data
- wage growth
- U.S. economy
- summer camps
- immigration
Mentioned in this episode
Organizations: Marketplace
Places: U.S.
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