Watch These 5 Stocks That Recently Announced Dividend Hikes

According to the Consumer Price Index (CPI) data published by the Bureau of Labor Statistics, inflation for the month of May remained flat after rising 0.3% in April, though the year-over-year increase was 3.3%. However, the Wall Street expectation was a 0.1% monthly gain and a 3.4% annual increase. The downward trend in inflation was also confirmed by an unexpected fall in the Producer Price Index (PPI) over the same period. Owingto lower energy costs,PPI fell by 0.2% in comparison to 0.5% in April. The Mi ...