Consumer Price Index
The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.1 percent in May on a seasonally adjusted basis after rising 0.3 percent in April the U.S. Bureau of Labor Statistics reported today. The food index rose 0.3 percent after declining in April, with the food index accounting for nearly half of the seasonally adjusted all items monthly increase.
The all items index increased 1.8 percent for the 12 months ending May. The index for all items less food and energy rose 2.0 percent, and the food index also rose 2.0 percent. The energy index decreased 0.5 percent.