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US Inflation Rate Accelerates to Fresh 2023-Highs
The annual inflation rate in the US rose to 4.2% in May 2026, marking its highest level since April 2023, from 3.8% in April and in line with market expectations. This represents the third consecutive monthly acceleration in headline inflation, with energy costs jumping 23.5% (vs 17.9% in April), due to the energy shock triggered by the conflict with Iran. Gasoline prices soared 40.5%, after a 28.4% gain. Fuel oil also increased 58.9% (vs 54.3%). In addition, inflation accelerated once again for shelter (3.4% vs 3.3%) and food (3.1% vs 2.3%). Compared to the previous month, the CPI was up 0.5%, slightly less than 0.6% in April, and in line with forecasts. Energy prices rose 3.9% and accounted for over 60% of the monthly gain. Meanwhile, the annual core inflation rate went up to 2.9%, a new high since September 2025, compared to 2.8% in April and matching forecasts. Compared to the previous month however, the core CPI rose 0.2%, less than 0.4% in April and below forecasts of 0.3%.
Published on 2026-06-10

US Inflation Rate Accelerates to 2023-Highs
The annual inflation rate in the US rose to 4.2% in May 2026, marking its highest level since April 2023, from 3.8% in April and in line with market expectations. This represents the third consecutive monthly acceleration in headline inflation, with energy costs jumping 23.5% (vs 17.9% in April), due to the energy shock triggered by the conflict with Iran. Gasoline prices soared 40.5%, after a 28.4% gain. Fuel oil also increased 58.9% (vs 54.3%). In addition, inflation accelerated once again for shelter (3.4% vs 3.3%) and food (3.1% vs 2.3%). Compared to the previous month, the CPI was up 0.5%, slightly less than 0.6% in April, and in line with forecasts. Energy prices rose 3.9% and accounted for over 60% of the monthly gain.
Published on 2026-06-10

US Inflation Rate Accelerates to 2023-Highs
The annual inflation rate in the US rose to 4.2% in May 2026, marking its highest level since April 2023, from 3.8% in April and in line with market expectations. This represents the third consecutive monthly acceleration in headline inflation, with energy costs jumping 23.5% (vs 17.9% in April), due to the energy shock triggered by the conflict with Iran. Gasoline prices soared 40.5%, after a 28.4% gain. Fuel oil also increased 58.9% (vs 54.3%). In addition, inflation accelerated once again for shelter (3.4% vs 3.3%) and food (3.1% vs 2.3%). Compared to the previous month, the CPI was up 0.5%, slightly less than 0.6% in April, and in line with forecasts. Energy prices rose 3.9% and accounted for over 60% of the monthly gain. Meanwhile, the annual core inflation rate went up to 2.9%, a new high since September 2025, compared to 2.8% in April and matching forecasts. Compared to the previous month however, the core CPI rose 0.2%, less than 0.4% in April and below forecasts of 0.3%.
Published on 2026-06-10

US Inflation Rate Accelerates to 2023-Highs
The annual inflation rate in the US rose to 4.2% in May 2026, marking its highest level since April 2023, from 3.8% in April and in line with market expectations. This represents the third consecutive monthly acceleration in headline inflation, with energy costs jumping 23.5% (vs 17.9% in April), due to the energy shock triggered by the conflict with Iran. Gasoline prices soared 40.5%, after a 28.4% gain.
Published on 2026-06-10

US Inflation Rate Set to Reach Highest Level Since 2023
The annual inflation rate in the US is expected to rise to 4.2% in May 2026, marking its highest level since April 2023, from 3.8% in April. This would represent the third consecutive monthly acceleration in headline inflation, driven largely by higher gasoline prices following the energy shock triggered by the conflict with Iran. However, the broader pass-through to consumer prices is expected to remain relatively limited. On a monthly basis, consumer prices are projected to increase by 0.5% in May, following a 0.6% rise in April. Gasoline prices likely went up around 9%, but the fading impact of a one-off adjustment to rent data should have a moderating effect on inflation. Meanwhile, core inflation, which excludes volatile food and energy prices, is expected to edge up to 2.9% year-on-year, a fresh-high since September 2025, from 2.8% in April. On a monthly basis, core consumer prices are estimated to have risen by 0.3%, after increasing 0.4% in the previous month.
Published on 2026-06-10

US Inflation Rate Above Forecasts
The annual inflation rate in the US accelerated to 3.8% in April 2026, the highest since May 2023, and compared to 3.3% in March. Figures came above forecasts of 3.7% as the oil shock triggered by the war with Iran continues to push prices higher.
Published on 2026-05-12

US Inflation Rate Above Forecasts
The annual inflation rate in the US accelerated to 3.8% in April 2026, the highest since May 2023, and compared to 3.3% in March. Figures came above forecasts of 3.7% as the oil shock triggered by the war with Iran continues to push prices higher. Energy costs jumped 17.9%, the steepest annual increase since September 2022, compared to 12.5% in March, mostly due to gasoline (28.4% vs 18.9%) and fuel oil (54.3%). Inflation also accelerated for shelter (3.3% vs 3%) and food (2.3% vs 2.7%). Compared to the previous month, the CPI was up 0.6%, easing from the 0.9% rise recorded in March, which was the largest monthly gain since June 2022, and in line with forecasts. Core inflation rate also edged higher, albeit at a more moderate pace, to 2.8% year-on-year, the highest level since September, from 2.6% in March and above forecasts of 2.7%. On a monthly basis, core consumer prices increased by 0.4%, up from 0.2% in both February and March and forecasts of 0.3%.
Published on 2026-05-12

US Inflation Rate Above Forecasts
The annual inflation rate in the US accelerated to 3.8% in April 2026, the highest since May 2023, and compared to 3.3% in March. Figures came above forecasts of 3.7% as the oil shock triggered by the war with Iran continues to push prices higher. Energy costs jumped 17.9%, above 12.5% in March, mostly due to gasoline (28.4% vs 18.9%) and fuel oil (54.3%). Inflation also accelerated for shelter (3.3% vs 3%) and food (2.3% vs 2.7%). Compared to the previous month, the CPI was up 0.6%, easing from the 0.9% rise recorded in March, which was the largest monthly gain since June 2022, and in line with forecasts. Core inflation rate also edged higher, albeit at a more moderate pace, to 2.8% year-on-year, the highest level since September, from 2.6% in March and above forecasts of 2.7%. On a monthly basis, core consumer prices increased by 0.4%, up from 0.2% in both February and March and forecasts of 0.3%.
Published on 2026-05-12

US Inflation Rate Above Forecasts
The annual inflation rate in the US accelerated to 3.8% in April 2026, the highest since May 2023, and compared to 3.3% in March. Figures came above forecasts of 3.7% as the oil shock triggered by the war with Iran continues to push prices higher. Energy costs jumped 17.9%, above 12.5% in March, mostly due to gasoline (28.4% vs 18.9%) and fuel oil (54.3%).
Published on 2026-05-12

US Inflation Rate Above Forecasts
The annual inflation rate in the US accelerated to 3.8% in April 2026, the highest since May 2023, and compared to 3.3% in March. Figures came above forecasts of 3.7% as the oil shock triggered by the war with Iran continues to push prices higher. Energy costs jumped 17.9%, above 12.5% in March, mostly due to gasoline (28.4% vs 18.9%) and fuel oil (54.3%). Inflation also accelerated for shelter (3.3% vs 3%) and food (2.3% vs 2.7%). Compared to the previous month, the CPI was up 0.6%, easing from the 0.9% rise recorded in March, which was the largest monthly gain since June 2022, and in line with forecasts. Core inflation rate also edged higher, albeit at a more moderate pace, to 2.8% year-on-year, the highest level in six months, from 2.6% in March and above forecasts of 2.7%. On a monthly basis, core consumer prices increased by 0.4%, up from 0.2% in both February and March and forecasts of 0.3%.
Published on 2026-05-12

US Inflation Rate Seen Rising for 2nd Month Amid War Jitters
The annual inflation rate in the US likely accelerated to 3.7% in April 2026, marking the highest reading since September 2023, up from 3.3% in March. Inflation is expected to have risen for a second consecutive month as the oil shock triggered by the war with Iran continued to push prices higher. On a monthly basis, consumer prices are estimated to have increased by 0.6%, easing from the 0.9% rise recorded in March, which was the largest monthly gain since June 2022. The surge in inflation comes as the US national average gasoline price climbed nearly 50% since the war with Iran started, rising above $4 per gallon for the first time in more than three years. Meanwhile, core inflation is also expected to have edged higher, albeit at a more moderate pace, to 2.7% year-on-year, the highest level in six months, from 2.6% in March. On a monthly basis, core consumer prices likely increased by 0.3%, up from 0.2% in both February and March.
Published on 2026-05-12

US Inflation Rate Seen Rising for 2nd Month Amid War Jitters
The annual inflation rate in the US likely accelerated to 3.7% in April 2026, the highest since September 2023, and compared to 3.3% in March as the oil shock triggered by the war with Iran continues to push prices higher. On a monthly basis, consumer prices are estimated to have increased by 0.6%, easing from the 0.9% rise recorded in March, which was the largest monthly gain since June 2022. The surge in inflation comes as the US national average gasoline price climbed nearly 50% since the war with Iran started, rising above $4 per gallon for the first time in more than three years. Meanwhile, core inflation is also expected to have edged higher, albeit at a more moderate pace, to 2.7% year-on-year, the highest level in six months, from 2.6% in March. On a monthly basis, core consumer prices likely increased by 0.3%, up from 0.2% in both February and March.
Published on 2026-05-12

US Inflation Rate Accelerates to 3.3%, Highest in About 2 Years
The annual inflation rate in the US jumped to 3.3% in March 2026, marking the highest level since May 2024 and a sharp increase from 2.4% in both February and January. Figures came in line with forecasts, with the rise primarily driven by higher energy costs (12.5%), mostly gasoline (up 18.9%) and fuel oil (44.2%), due to the war with Iran. On the other hand, prices for used cars and trucks continued to decline (-3.2% vs -3.2%) while inflation steadied for shelter (3% vs 3%) and eased for food (2.7% vs 3.1%). On a monthly basis, consumer prices rose 0.9%, the largest increase since June 2022, following a 0.3% gain in February and also in line with forecasts, boosted by a 21.2% jump in gas prices. Meanwhile, core inflation which excludes food and energy, also picked up though much more moderately, to an annual rate of 2.6%, compared to forecasts of 2.7%. On a monthly basis, core consumer prices increased by 0.2%, below expectations of 0.2%.
Published on 2026-04-10

US Inflation Rate Accelerates to 3.3%, Highest in About 2 Years
The annual inflation rate in the US jumped to 3.3% in March 2026, marking the highest level since May 2024 and a sharp increase from 2.4% in February, matching forecasts. The rise was primarily driven by higher energy costs which soared 12.5%, with gasoline up 18.9%, due to the war with Iran. On a monthly basis, consumer prices rose 0.9%, the largest increase since June 2022, following a 0.3% gain in February and also in line with forecasts, boosted by a 21.2% jump in gas prices. Meanwhile, core inflation which excludes food and energy, also picked up though much more moderately, to 2.6% year over year, compared to forecasts of 2.7%. On a monthly basis, core consumer prices increased by 0.2%.
Published on 2026-04-10

US Inflation Rate Accelerates to 3.3%, Highest in About 2 Years
The annual inflation rate in the US jumped to 3.3% in March 2026, marking the highest level since May 2024 and a sharp increase from 2.4% in February, matching forecasts. The rise was primarily driven by higher energy costs which soared 12.5%, with gasoline up 18.9%, due to the war with Iran. On a monthly basis, consumer prices rose 0.9%, the largest increase since June 2022, following a 0.3% gain in February and also in line with forecasts, boosted by a 21.2% jump in gas prices.
Published on 2026-04-10

US Inflation Poised to Surge as Iran War Fuels Energy Prices
The annual inflation rate in the US likely jumped to 3.3% in March 2026, marking the highest level since May 2024 and a sharp increase from 2.4% in February. The rise was primarily driven by higher energy costs linked to the war with Iran, alongside the continued pass-through of tariffs into consumer prices. On a monthly basis, consumer prices are estimated to have risen 0.9%, the largest increase since June 2022, following a 0.3% gain in February. The jump comes as the US national average price of gasoline climbed above $4 per gallon for the first time in more than three years. Meanwhile, core inflation which excludes food and energy, is also expected to have picked up, though more moderately, to 2.7% year over year, the highest in five months, up from 2.5% in both January and February. On a monthly basis, core consumer prices likely increased by 0.3%, compared to 0.2% in February.
Published on 2026-04-10

US Inflation Rate Matches Forecasts
The annual inflation rate in the US held steady at 2.4% in February 2026, unchanged from January, in line with expectations and remaining at its lowest level since May 2025. Energy prices were up 0.5% while food increased 3.1%. On a monthly basis, the CPI rose by 0.3%, slightly accelerating from 0.2% in January and in line with forecasts. Shelter prices were up 0.2% and made the largest contribution. Meanwhile, annual core inflation, which excludes food and energy, remained unchanged at 2.5%, the same as in January and near its lowest level since 2021. On a monthly basis, core CPI increased by 0.2%, less than 0.3% in the previous month.
Published on 2026-03-11

US Inflation Rate Matches Forecasts
The annual inflation rate in the US held steady at 2.4% in February 2026, unchanged from January, in line with expectations and remaining at its lowest level since May 2025. Energy prices rebounded (0.5% vs -0.1%), led by a smaller decline in gasoline (-5.6% vs -7.5%) and a rise in fuel oil (6.2% vs -4.2%) and natural gas (10.9% vs 9.8%). On the other hand, prices for used cars and trucks declined more (-3.2% vs -2%) while inflation steadied for food (3.1% vs 3.1%) and shelter (3% vs 3%). On a monthly basis, the CPI rose by 0.3%, slightly accelerating from 0.2% in January and in line with forecasts. Shelter prices were up 0.2% and made the largest contribution. Gasoline went up 0.8% and food rose 0.4%. Meanwhile, annual core inflation, which excludes food and energy, remained unchanged at 2.5%, the same as in January and near its lowest level since 2021. On a monthly basis, core CPI increased by 0.2%, less than 0.3% in the previous month. Core figures also matched expectations.
Published on 2026-03-11

US Inflation Rate Seen Stable in February
The annual inflation rate in the US likely held steady at 2.4% in February 2026, unchanged from January and remaining at its lowest level since May 2025. On a monthly basis, the CPI is estimated to have risen by 0.3%, slightly accelerating from 0.2% in January. Gasoline prices probably picked up while prices for services, food, and housing are expected to have slowed, and used vehicle prices likely remained lower. Meanwhile, annual core inflation, which excludes food and energy, is projected to have remained unchanged at 2.5%, the same as in January and near its lowest level since 2021. On a monthly basis, core CPI is expected to have increased by 0.2%, less than 0.3% in the previous month. Overall, the February CPI report is expected to continue pointing to inflation slightly above the Federal Reserve’s target, while also suggesting a degree of stabilisation, partly reflecting base effects as stronger readings from a year earlier drop out of the annual calculation.
Published on 2026-03-11

US Inflation Rate Below Forecasts
The annual inflation rate in the US slowed to 2.4% in January 2026, marking its lowest level since May, down from 2.7% in each of the previous two months and below forecasts of 2.5%. The deceleration largely reflects base effects, as higher readings from a year ago drop out of the annual calculation. On a monthly basis, the CPI rose by 0.2%, below 0.3% in December and forecasts of 0.3%. The index for shelter rose 0.2% and was the largest factor in the all items monthly increase. Meanwhile, annual core inflation eased to 2.5%, its lowest reading since March 2021, compared with 2.6% in the prior month and in line with market expectations. On a monthly basis, core CPI increased by 0.3%, slightly above December’s 0.2% rise.
Published on 2026-02-13