Core inflation is now higher than the headline rate
Core inflation recedes alongside falling energy prices
Core inflation calls revised higher, amid growth, wage pressures
Declining energy and food prices drive sharp drop in consumer prices in May
Food prices have risen 18% over two years and prices will stay elevated due to shrinking herd sizes, wage growth and other factors
Inflation falls to 8.7% largely because last year's energy spike has dropped out of the annual comparison
Rising rates, benchmark reform, commodity prices all affected activity
Latest economists' survey points to friendlier conditions this year
Supply chain issues, wage costs keep food prices high, even as inputs fall
Inflation, climate change, geopolitics will make food security a persistent challenge