Inflation rose 8.6% in May, highest since 1981 June 11, 2022 The consumer price index for May was expected to increase 8.3% from a year ago, according to Dow Jones estimates. Source: Inflation rose 8.6% in May, highest since 1981 Updated: June 11, 2022 at 4:29 am ◀ Biden facing fire and anger during New Mexico visit Iranian FM condemns Israel attacks on Damascus airport ▶