U.S. consumer price growth moderated in May 2026, with the headline Consumer Price Index (CPI, n.s.a) rising 0.63% month‑on‑month, down from a 0.85% increase in April. The latest reading, released on 10 June 2026, indicates a cooling in price pressures compared with the prior month’s pace.
The data are presented on a month‑over‑month basis, meaning May’s 0.63% gain reflects the change in prices compared with April, while April’s 0.85% figure captured the change from March to April. The deceleration suggests that although prices continued to climb in May, they did so at a slower rate than in the previous month, a development that will be closely watched by markets and policymakers assessing the path of inflation.