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Consumer Prices Unchanged in May 

Jump to full article: Associated Press (AP), 2002-06-18
Author: Jeannine Aversa / Associated Press Writer

Intro:

Consumer prices were flat in May, the best showing in five months, as lower costs for gasoline, clothes and cars eclipsed higher prices for medical care and air fares.

The tame reading for the Consumer Price Index, one of the government's most closely watched inflation gauges, came after prices shot up by 0.5 percent in April, the biggest jump in nearly a year, the Labor Department reported Tuesday. . .

For tobacco products, prices fell 2.7 percent in May.

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