Axios VisualsA monthslong streak of cooler inflation trends continued in May, the Bureau of Labor Statistics said on Wednesday.Why it matters: Many economists project that President Trump's tariffs will reignite inflation this year,

The consumer price index increased 0.1% for the month of May, lower than economists' predictions, with the annual rate reaching 2.4%.

The Tribune is tracking 11 everyday costs for Americans — eggs, milk, bread, bananas, oranges, tomatoes, chicken, ground beef, gasoline, electricity and natural gas — and how they are changing, or

The latest Producer Price Index, a closely watched measurement of wholesale inflation, rose 0.1% in May, lifting the annual rate to 2.6%, according to Bureau of Labor Statistics data released 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.

Egg prices declined again in May, but still remain substantially higher than they were a year ago as avian flu remains on the loose.

Inflation broadly held steady in May — and by some measures cooled unexpectedly — as price growth data showed few signs of President Donald Trump’s tariffs hitting the consumer economy

The U.S. Producer Price Index rose 0.1% M/M in July, less than the 0.2% increase expected and stronger than the prior month's -0.2% decrease, which was revised from -0.5%.

The overall cost of energy fell in May, driven by big drops in gasoline prices. The consumer price index’s measure of energy costs decreased 1% month over month in May, after rising 0.7% in April, the Bureau of Labor Statistics reported Wednesday.