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TechFlow news: The U.S. unadjusted CPI year-on-year rate for May was 4%, declining for the 11th consecutive time and reaching the lowest level since March 2021, compared to an expected 4.10% and a previous value of 4.90%.
The U.S. core CPI year-on-year rate for May was 5.3%, matching expectations of 5.3% and down from the prior 5.50%. The seasonally adjusted CPI month-on-month rate for May was 0.1%, below the expected 0.20% and the previous 0.40%.
The U.S. unadjusted CPI year-over-year rate for May was 4%, marking the eleventh consecutive decline and the lowest level since March 2021, compared to an expected 4.10% and a previous 4.90%. The U.S. unadjusted core CPI year-over-year rate for May was 5.3%, in line with expectations of 5.3%, down from the prior 5.50%. The seasonally adjusted month-over-month CPI rate for May was 0.1%, below the expected 0.20% and the prior 0.40%.
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