Consumer prices rose 4.2% annually in May, highest in three years
Source: CNBC
Published Wed, Jun 10 2026 8:30 AM EDT Updated 1 Min Ago
Inflation accelerated in May as rising energy costs contributed to pain for consumers, though underlying pressures were less intense.
The consumer price index, a broad gauge of goods and services costs across the U.S. economy, rose at a seasonally adjusted 0.5% for the month, putting the annual inflation rate at 4.2%, the Bureau of Labor Statistics reported Wednesday. Both numbers were in line with the Dow Jones consensus.
Inflation climbed above 4% for the first time in three years, though the increase met expectations amid concerns over how much the surge in energy prices would impact the economy. The level was the highest since April 2023 and above the 3.8% level from April.
However, stripping out volatile food and energy prices, the so-called core CPI accelerated 0.2% for the month and 2.9% from a year ago. While the annual rate was in line with the forecast, the monthly gain was below the 0.3% estimate and less than the 0.4% April increase.
Read more: https://www.cnbc.com/2026/06/10/cpi-inflation-report-may-2026.html
From the source -
Link to tweet
@BLS_gov
CPI for all items rises 0.5% in May; gasoline and shelter up bls.gov/news.release/c... #CPI #BLSdata
12:32 PM · Jun 10, 2026
Article updated.
Previous article -
Inflation accelerated in May as rising energy costs contributed to pain for consumers, though underlying pressures were less intense.
The consumer price index, a broad gauge of goods and services costs across the U.S. economy, rose at a seasonally adjusted 0.5% for the month, putting the annual inflation rate at 4.2%, the Bureau of Labor Statistics reported Wednesday. Both numbers were in line with the Dow Jones consensus.
Inflation climbed above 4% for the first time in three years, though the increase met expectations amid concerns over how much the surge in energy prices would impact the economy. The level was the highest since April 2023 and above the 3.8% level from April.
However, stripping out volatile food and energy prices, the so-called core CPI accelerated 0.2% for the month and 2.9% from a year ago. While the annual rate was in line with the forecast, the monthly gain was below the 0.3% estimate.
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Original article -
The consumer price index for May was expected to show a 4.2% gain from a year ago, according to the Dow Jones consensus estimate.
This is breaking news. Please refresh for updates.
= new reply since forum marked as read
NT
I'll add more info later after I make some notes on the news summary https://www.bls.gov/news.release/cpi.nr0.htm
CPI data series: https://data.bls.gov/timeseries/CUSR0000SA0
Core CPI data series: http://data.bls.gov/timeseries/CUSR0000SA0L1E
As always, I prefer to show everything annualized so as to compare to the Fed's 2% goal and to each other
Regular CPI (includes food & energy)
Red line indicates the Federal Reserve's 2.0% inflation target
CORE CPI (EXcludes food & energy)
Red line indicates the Federal Reserve's 2.0% inflation target
Percent increases over the past month, over the past 3 months, and over the past 12 months, seasonally adjusted numbers, ANNUALIZED
1 mo 3 mo 12mo
---- ---- ----
5.8% 8.2% 4.2% Regular CPI (includes food & energy)
2.5% 3.2% 2.8% Core CPI (does not have food or energy)
2.0% 2.0% 2.0% Federal Reserve Target
Eight items - $144. I was shocked, especially at the price of instant coffee.
2 packages Bounty paper towels -- $28.49 each
1 package Kirkland TP -- $20.99
1 package paper napkins -- $11.99
1 double package of Cheerios -- $6.79
2 packages Cascadian Farms cereal -- $14.29 each
1 container Taster's Choice instant coffee -- $21.49.
Weren't paper towels about $20 just a couple of years ago?
Wasn't TP more like $18?
The Cascadian Farms cereal was more like $11.99 not that long ago.
And the coffee. It was around $14.99 - now it's $21.49.
Damned oligarch inflation ever since the Orange Traitor began squatting in the White House again.
from your monthly spending and voila!
No more high inflation.
It's like the Felon says, he doesn't think gas prices are that high. In fact, to paraphrase, he doesn't really think about it. Besides, the Iran war will be over in a couple of years, err, I mean a couple of days.
