(May/2025)
source: U.S. Bureau of Labor Statistics
- The annual inflation rate in the US increased for the first time in four months to 2.4% in May from 2.3% in April, though it came in below the expected 2.5%.
Prices rose slightly more for food, used cars and new vehicles but shelter cost slowed and gasoline prices continued to decline.
Meanwhile, the annual core inflation rate held steady at 2.8%.
On a monthly basis, both headline and core CPI increased by 0.1%, falling short of market expectations.
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