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The Minneapolis-St. Paul region continues to see inflation moderating faster on a year-over-year basis compared to other parts of the country.
Inflation slowed to 4% in May, the lowest 12-month figure in over two years.
Consumer prices in the United States cooled last month, rising just 0.1% from April to May and extending the past year's steady easing of inflation. At the same time, some measures of underlying price pressures remained high.
Inflation in the U.S. cooled last month, rising just 0.1 per cent from April to May and extending the past year's steady easing of inflation.
It was the lowest inflation read in over two years.