CPI Read: Airfares Spike 27% in May as Higher Jet Fuel Costs Factor In

The Consumer Price Index report for May indicated a 4.2% year-over-year increase, which was higher than the 3.8% pace seen in April and matched the consensus expectation. Airfares in the U.S. rose 26.7% in May compared to a year ago on an Newsletters for Every Investor Get

The Consumer Price Index report for May indicated a 4.2% year-over-year increase, which was higher than the 3.8% pace seen in April and matched the consensus expectation.

Airfares in the U.S. rose 26.7% in May compared to a year ago on an Newsletters for Every Investor Get daily, sector-specific newsletters packed with expert insights, fresh ideas, and new opportunities

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