Financial News: U.S. Consumer Prices Increase In Line With Estimates

U.S. Consumer Prices Increase In Line With Estimates In May

06/10/2026 - 08:38:00 (RTTNews)

(RTTNews) - A report released by the Labor Department on Wednesday showed consumer prices in the U.S. increased in line with economist estimates in the month of May.

The Labor Department said its consumer price index rose by 0.5 percent in May after climbing by 0.6 percent in April. The price growth matched expectations.

The annual rate of consumer price growth accelerated to 4.2 percent in May from 3.8 percent in April, which was also in line with estimates.

The report also said core consumer prices, which exclude food and energy prices, crept up by 0.2 percent in May after rising by 0.4 percent in April. Economists had expected core prices to increase by 0.3 percent.

The annual rate of core consumer price growth inched up to 2.9 percent in May from 2.8 percent in April, which matched expectations.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Australia Trade Data Due On Thursday (47 min(s), 58 sec(s) ago)
(RTTNews) - Australia will on Thursday release May figures for imports, exports and trade balance, ...Full Story»

Czechia Manufacturing Growth Strongest Since April 2022 (06 hr(s), 59 min(s), 58 sec(s) ago)
(RTTNews) - Czech factory activity expanded at the fastest pace in more than four years in June as ...Full Story»

Greece Factory Growth Strongest In 3 Months (07 hr(s), 44 min(s), 58 sec(s) ago)
(RTTNews) - Greece's manufacturing activity expanded at an accelerated pace in June amid an im ...Full Story»

U.S. Manufacturing Index Dips But Still Indicates Growth In June (08 hr(s), 06 min(s), 58 sec(s) ago)
(RTTNews) - A report released by the Institute for Supply Management on Wednesday showed a modest ...Full Story»

Austria Inflation Eases To 3.2% In June (08 hr(s), 46 min(s), 58 sec(s) ago)
(RTTNews) - Austria's consumer price inflation moderated in June from a 5-month high in the pr ...Full Story»

Eurozone Inflation Eases To 2.8% (08 hr(s), 51 min(s), 58 sec(s) ago)
(RTTNews) - Euro area inflation slowed to a three-month low in June as food, energy and services p ...Full Story»

Croatia Inflation Eases To 4-Month Low (09 hr(s), 56 min(s), 58 sec(s) ago)
(RTTNews) - Consumer price inflation in Croatia moderated further in June to the lowest level in f ...Full Story»

U.S. Private Sector Employment Increases Less Than Expected In June (10 hr(s), 11 min(s), 58 sec(s) ago)
(RTTNews) - Private sector employment in the U.S. increased by less than expected in the month of ...Full Story»