Inflation rose to 4.2% in May from a year ago, up 0.5% from April.
The BLS announced separately that real average weekly earnings decreased 0.2% during May.
Inflation up, wages down - quite the economy Trump has created in just over a year
www.nbcnews.com/business/ene...
Inflation’s rise has surpassed wage growth, which was tracking at 3.4% as of the most recent jobs report.