CPI read: Airfares spike 27% in May as higher jet fuel costs factor in (JETS:NYSEARCA)
· seekingalpha.com
May CPI rose 4.2% YoY as U.S. airfares jumped 26.7% on higher jet fuel costs and tensions.
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 ex...