The Bureau of Labor Statistics released its May 2026 Consumer Price Index (CPI) report on June 10, confirming what many Americans already feel at the pump and in their wallets. Headline CPI rose 0.5% month-over-month and climbed to 4.2% year-over-year, the highest rate in roughly three years. This marks a sharp acceleration from April’s 3.8%. Core CPI, which strips out volatile food and energy prices, increased a milder 0.2% MoM and reached 2.9% YoY, up slightly from 2.8%. Energy prices dominated the headline figure. The energy index surged 3.9% in May, accounting for the lion’s share, over...
















