On a "core" basis, which excludes volatile food and energy costs, CPI rose 2.8% over the past year in May, matching April. Monthly core prices increased 0.1%, a touch below April's 0.2% gain.

The CPI was forecast to rise 2.5% last month on an annual basis, an increase from April's 2.3% rate, according to economists surveyed by financial data firm FactSet.

May CPI Report Highlights. CPI report release date and time: Wednesday, June 11, at 8:30 a.m. EST ; The CPI is forecast to rise 0.2% in May after rising by the same amount in April.

Core CPI also rose 0.4%, below the December increase of 0.2%. Economists expected consumer prices to rise 0.3% on a monthly basis in January, and for the annual inflation rate to rise to 2.9%, ...

The "core" measure of CPI, which excludes volatile food and energy costs, rose 2.8% over the past year in May, matching April. Monthly core prices increased 0.1%, a touch below April's 0.2% gain.

The PCE has largely been lower than CPI, though the two measures have historically followed similar trends. In April CPI readout at 3.4% year over year as PCE measured 2.7%.

CPI report April 2025: The Consumer Price Index (CPI) report was released on Tuesday, showing inflation eased to a four-year low in April. Wednesday, Jul 16, 2025. New Delhi o C.

Remember, the COLA is calculated by looking at how much prices have increased year-over-year on the basket of goods and services. The CPI-W data showed a 2.7% year-over-year increase in February ...

CPI was unchanged from September. That compares with an expected rise of 0.1%, according to a Wall Street Journal survey of economists. On an annual basis, CPI rose 3.2%, versus an expected 3.3%.

Likely Interest Rate Moves. If May’s core monthly CPI inflation is at 0.3%, that could keep the FOMC on course for at least one interest rate cut in 2024.Currently, one or two rate cuts are ...

The CPI report and the Fed’s policy meeting fell on the same day only 13 times since 2008. Last Updated: June 12, 2024 at 9:03 a.m. ET First Published: June 11, 2024 at 12:57 p.m. ET.