CPI release
CPI report: May 2024
Consumer prices rose 3.3% in the 12 months through May 2024, down from 3.4% in April. Core inflation, which excludes food and energy, ran 3.4%. The CPI-U index stood at 314.069, a 0.2% change from the prior month (not seasonally adjusted).
The numbers
| Headline inflation (12-month) | 3.3% |
|---|---|
| Core inflation (12-month) | 3.4% |
| CPI-U index level | 314.069 |
| Change vs. prior month (NSA) | 0.2% |
Recent months
| Month | CPI-U | 12-month rate |
|---|---|---|
| May 2024 | 314.069 | 3.3% |
| April 2024 | 313.548 | 3.4% |
| March 2024 | 312.332 | 3.5% |
| February 2024 | 310.326 | 3.2% |
| January 2024 | 308.417 | 3.1% |
| December 2023 | 306.746 | 3.4% |
Put it in context
- The current inflation rate, to check whether this is still the latest reading
- What 2023 dollars are worth in 2024, the year-over-year conversion
- How the BLS turns 80,000 prices into this number
Source: U.S. Bureau of Labor Statistics, CPI-U (series CUUR0000SA0 and CUUR0000SA0L1E), not seasonally adjusted. See the methodology.