U.S. dollar weakens amid inflation slowdown

NEW YORK, June 13 (Xinhua) -- The U.S. dollar weakened as data showed inflation has been cut in half from last year's peak, while a searing British jobs report lifted the pound.

The dollar index, which measures the greenback against six major peers, decreased 0.30 percent at 103.3370 in late trading.

The U.S. consumer price index (CPI) in May rose 4 percent from a year earlier, the U.S. Bureau of Labor St