WASHINGTON — The May CPI showed prices remain modest, even though the 0.1% overall gain breaks a string of two months of declining prices.

May CPI was up 0.1%, but core rose 0.2% (0.167% unrounded) for a 1.4% increase in the headline number for the year and a 1.7% gain in the core number over the year. The overall index just missed a higher number that would have met expectations, at plus-0.149%.

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