WSJ's Timiraos notes core CPI rose 0.21% in May, and pushed the 12-month measure to 2.9%, and this is the first time since Dec. 2022 where the 12-month core CPI reading was higher than the year-earlier reading

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WSJ's Timiraos notes core CPI rose 0.21% in May, and pushed the 12-month measure to 2.9%, and this is the first time since Dec. 2022 where the 12-month core CPI reading was higher than the year-earlier reading

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Natixis says the slightly softer-than-expected monthly core inflation could reinforce the view that the peak in war-related inflation may be behind us and that the inflation outlook could improve, provided oil prices remain stable

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  • On a 3-month annualized basis, the CPI is up 8.2%

Annualised CPI: Available on Newsquawk V2 widgets, US Macro Data.

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