Consumer Price Index for All Items Shrinks .65, Energy Causes Decline

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The consumer price index for all items fell .65 points in May to 228.53, up 1.73% from May 2011. The CPI for all items less food and energy rose .46 points to 229.45, up 2.23% from last May. The CPI of gasoline fell 12.14 points to 323.6, down 3.97% from the previous year.

For more information, see our CPI report.

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