US services inflation rose to 3.5% in May 2026 from 3.4% in the prior month, marking the highest since September 2025. Services Inflation in the United States averaged 4.44 Percent from 1950 until 2026, reaching an all time high of 18.09 Percent in June of 1980 and a record low of 0.57 Percent in February of 2010. source: Bureau of Labor Statistics

Services Inflation in the United States increased to 3.50 percent in May from 3.40 percent in April of 2026.



Related Last Previous Unit Reference
CPI 335.12 333.02 points May 2026
Core Consumer Prices 336.12 335.42 points May 2026
Core Inflation Rate YoY 2.90 2.80 percent May 2026
Core Inflation Rate MoM 0.20 0.40 percent May 2026
Core PCE Price Index 129.63 129.32 points Apr 2026
Core PCE Price Index YoY 3.30 3.20 percent Apr 2026
Core PCE Price Index MoM 0.20 0.30 percent Apr 2026
Core PCE Prices QoQ 4.40 2.70 percent Mar 2026
Core Producer Prices 154.06 152.48 points Apr 2026
Core PPI MoM 1.00 0.20 percent Apr 2026
Core PPI YoY 5.20 4.00 percent Apr 2026
CPI Core Core YoY 2.70 2.60 percent May 2026
CPI Housing Utilities 358.39 357.35 points May 2026
CPI Median 2.80 2.70 percent Apr 2026
CPI s.a 333.98 332.41 points May 2026
CPI Transportation 298.41 291.75 points May 2026
CPI Trimmed-Mean 2.80 2.60 percent Apr 2026
Energy Inflation 23.50 17.90 Percent May 2026
Export Prices 166.10 160.80 points Apr 2026
Export Prices MoM 3.30 1.50 percent Apr 2026
Export Prices YoY 8.80 5.40 percent Apr 2026
Food Inflation 3.10 3.20 percent May 2026
GDP Price Index 131.74 130.62 points Mar 2026
Import Prices 147.60 144.80 points Apr 2026
Import Prices MoM 1.90 0.90 percent Apr 2026
Import Prices YoY 4.20 2.30 percent Apr 2026
Consumer Inflation Expectations 3.50 3.60 percent May 2026
Inflation Rate YoY 4.20 3.80 percent May 2026
Inflation Rate MoM 0.50 0.60 percent May 2026
Michigan 5 Year Inflation Expectations 3.90 3.50 percent May 2026
Michigan Inflation Expectations 4.80 4.70 percent May 2026
PCE Price Index 130.90 130.38 points Apr 2026
PCE Price Index YoY 3.80 3.50 percent Apr 2026
PCE Price Index MoM 0.40 0.70 percent Apr 2026
PCE Prices QoQ 4.50 2.90 percent Mar 2026
PPI Ex Food Energy and Trade Services 141.24 140.45 points Apr 2026
PPI Ex Food, Energy and Trade MoM 0.60 0.20 percent Apr 2026
PPI Ex Food, Energy and Trade YoY 4.40 3.70 percent Apr 2026
PPI MoM 1.40 0.70 percent Apr 2026
PPI 156.50 154.37 points Apr 2026
PPI YoY 6.00 4.30 percent Apr 2026
Shelter Inflation 3.40 3.30 percent May 2026
Services Inflation 3.50 3.40 Percent May 2026


United States Services Inflation
In the United States services inflation accounts for 57% of a consumer price index.
Actual Previous Highest Lowest Dates Unit Frequency
3.50 3.40 18.09 0.57 1950 - 2026 Percent Monthly
NSA