FX.co ★ US Core CPI Rises Less Than Expected

Core consumer prices in the United States, which exclude food and energy, rose 0.2% month-over-month in May 2026, easing from a 0.4% increase in April and coming in slightly below market expectations of a 0.3% gain. Categories that recorded price increases over the month included communication, airline fares, medical care, personal care, and recreation. In contrast, prices declined for motor vehicle insurance, household furnishings, and new vehicles. On an annual basis, core inflation edged up to 2.9% in May from 2.8% in April, matching market forecasts.