The U.S. Bureau of Labor Statistics released the consumer price index (CPI) report for the month of May on Thursday of last week. The figures were surprising. The "core" index, which excludes volatile food and energy prices, rose only 0.2% from April, while the year-over-year (YOY) measure climbed 3.4%, its lowest in more than 3 years, according to Bloomberg. Cooling inflation for new vehicles will ultimately help to create a better demand environment for new EVs, which will help lift the values of various ...