U.S. consumer prices post largest gain in more than two years

The Labor Department said on Thursday its Consumer Price Index rose 0.4 percent last month after gaining 0.1 percent in April. Economists polled by Reuters had forecast the CPI rising 0.5 percent from April and unchanged from a year ago. While energy prices are stabilizing, a strong dollar is curbing underlying inflation pressures.

U.S. consumer prices post largest gain in more than two years source: http://finance.yahoo.com/news/u-consumer-prices-post-largest-123718111.html