U.S. May CPI Data Released: Inflation Slightly Below Previous Month

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U.S. inflation data for May shows the seasonally adjusted monthly CPI rate at 0.5%, matching forecasts and down from 0.60% in April. The core CPI monthly rate came in at 0.2%, below the 0.30% forecast. The unadjusted annual CPI rate rose to 4.2%, in line with expectations, while the core CPI annual rate reached 2.9%, up from 2.80%. The latest inflation data may influence future interest rate decisions.

Odaily Planet Daily report: The U.S. seasonally adjusted CPI monthly rate for May was 0.5%, in line with expectations of 0.50% and compared to the previous value of 0.60%.

The U.S. seasonally adjusted core CPI monthly rate for May was 0.2%, compared to the expected 0.30% and the previous value of 0.40%.

The U.S. unadjusted CPI year-over-year for May was 4.2%, in line with expectations of 4.20% and up from the prior value of 3.80%.

The U.S. year-over-year core CPI, not seasonally adjusted, for May came in at 2.9%, in line with expectations of 2.90% and above the previous value of 2.80%. (Jin10)

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