Key facts
- US CPI data for May released.
- Inflation showed a slight easing.
- Core CPI also indicated moderation.
The latest Consumer Price Index (CPI) data for the United States, covering the month of May, has been released, indicating a slight easing of inflationary pressures. This moderation was also reflected in the core CPI figures, which exclude the more volatile components of food and energy prices. The data provides a snapshot of the current inflation landscape in the US economy.