Inflation Rises To 2.4% In May, Lower Than Expected
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AIER’s Everyday Price Index (EPI) posted a 0.18 percent rise in May 2025, reaching 294.3. Both the month-to-month headline CPI and core month-to-month CPI number increased by 0.1 percent. In May 2025, the all-items Consumer Price Index rose 0.1 percent, driven primarily by a 0.3 percent increase in shelter costs.
Egg prices declined again in May, but still remain substantially higher than they were a year ago as avian flu remains on the loose.
Many companies are still working through inventory they stocked before the tariffs hit — but some products are starting to get more expensive.
The Consumer Price Index increased by 2.4% in May compared to a year ago, according to the Bureau of Labor Statistics' latest data. The latest report shows ground beef continues to steadily increase.
Wednesday's Consumer Price Index report showed that the index for food at home rose 0.3% last month, a rebound after recording a 0.4% drop in April to mark the largest monthly decline since 2020. May also marked the 27th straight month that inflation for food at home was below inflation for food away from home, per JPMorgan analyst Ken Goldman.
The overall cost of energy fell in May, driven by big drops in gasoline prices. The consumer price index’s measure of energy costs decreased 1% month over month in May, after rising 0.7% in April, the Bureau of Labor Statistics reported Wednesday.
For all the hand-wringing about tariffs, Americans are so far experiencing limited inflation from President Donald Trump’s protectionist trade policy.
Inflation ticked slightly higher in May, rising 2.4%, in line with expectations, according to the U.S. Consumer Price Index released Wednesday. Prices rose 0.1 percent for the month, according to the Bureau of Labor Statistics.