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Ahead Of The Bell: Consumer Price Index

Stock quotes in this article: JPM  

WASHINGTON (AP) — Consumer prices are expected to rise slightly in May due to a rapid increase in the cost of gasoline.

Wall Street economists expect the Consumer Price Index rose 0.3 percent in May, according to a survey by Thomson Reuters. The CPI was flat in April and dipped slightly in March.

The Labor Department is scheduled to release the May report Wednesday at 8:30 a.m. EDT. ...

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