CPI report reveals inflation crept higher
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Benign CPI inflation in May will not move Fed
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May's CPI inflation data was uneventful. Check out if underlying trends could signal a shift toward higher inflation or not.
India’s Retail Inflation 2025, Retail Inflation outlook for May 2025 updates: Retail inflation based on Consumer Price Index (CPI) dipped to 2.82 per cent in May as against 3.16 per cent in April, government reported on Thursday.
The Consumer Price Index increased from 2.3% in April to 2.4% in May year-over-year, according to the Bureau of Labor Statistics’ report.
Here are the key points to know from this morning's consumer-price index for May: Year-over-year inflation picked up slightly, as expected, to 2.4%. For April, the [reading was 2.3%](
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According to the Bureau of Labor Statistics, the headline figure for the Consumer Price Index was at 2.4% year-over-year, up from 2.3% in April but lower than the expected 2.5% growth.
Overall, though, the trend for inflation has been a steady decline toward the Federal Reserve’s 2% annual target. The Fed, however, is not expected to change interest rates when it meets next week.
May's Consumer Price Index (CPI) report showed inflation pressures eased on a monthly basis despite investor concerns that President Trump's tariffs would accelerate the pace of price increases. The latest data from the Bureau of Labor Statistics showed that the Consumer Price Index (CPI) increased 0.