Cpi May 2024 Expectations

Cpi May 2024 Expectations. Forecasters expect an inflation report on wednesday to show may was a tame month for consumer price increases. May’s monthly increase is forecast at 0.3%, and that, compared with sharply rising prices from may 2022 falling out of the series could finally bring annual cpi below.

The consumer price index likely rose 3.4% over the year in april, compared to a 3.5% annual increase in march, according to forecasts. May’s consumer price index release is expected to show cooling headline inflation, though core inflation may remain sufficiently high that the federal reserve is.