Core consumer inflation in the United States slowed in May 2026, offering a tentative sign of easing price pressures after a firmer reading in the previous month. According to the latest data updated on 10 June 2026, core CPI— which excludes volatile food and energy components—rose 0.2% month-on-month in May, down from a 0.4% increase in April.
The comparison is based on month-over-month changes, with the May figure reflecting price movements relative to April, while the prior 0.4% reading showed April’s change versus March. The deceleration suggests that underlying inflation momentum may be moderating, a development that could influence expectations for future monetary policy decisions and market views on the trajectory of U.S. price growth.