U.S. CPI Inflation Rate Rises to 2.4% in May 2025
The U.S. Consumer Price Index (CPI) rose by 2.4% year-over-year in May 2025, slightly higher than April’s 2.3%, according to new data released on June 11, 2025. On a monthly basis, inflation increased by 0.1%.
Key highlights:
- Shelter prices remain a major driver, up 3.9% over the past year.
- Energy prices dropped 3.5% year-over-year, offering slight consumer relief.
- Core CPI (excluding food and energy) rose 2.8% year-over-year.
Despite concerns over recent tariff increases, inflation remains within a moderate range. Economists suggest that while tariffs may apply future pressure, the overall outlook remains stable.
The Federal Reserve is expected to hold interest rates steady, with a cautious eye on consumer price trends and potential mid-year shifts.
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