FX.co ★ US Annual Core Inflation Below Forecasts

In June 2025, the United States saw its annual core consumer price inflation rate, which excludes the more unpredictable food and energy sectors, inch upwards to 2.9% from a previous four-year low of 2.8%. This figure narrowly missed market projections, which anticipated a rate of 3%. The shelter index experienced a 3.8% rise over the past year, slightly lower than the 3.9% increase observed in May. Other notable annual increases were noted in sectors such as medical care, which rose by 2.8%, motor vehicle insurance surging by 6.1%, household furnishings and operations climbing by 3.3%, and recreation increasing by 2.1%. On a monthly scale, core consumer prices increased by 0.2%, compared to a 0.1% rise in May and falling short of the expected 0.3% increase.