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Inflation rose less than expected last month despite Trump's tariffs | CNN Business

In May 2025, the US Consumer Price Index (CPI) rose by 0.2% month-over-month and 3.3% year-over-year, indicating a slight cooling in inflation rates compared to previous months. The core CPI, which excludes volatile food and energy prices, increased by 0.3% from April to May and 3.4% over the past year. Notable contributors to the monthly increase included shelter costs and used car prices, while declines were observed in the prices of gasoline and new vehicles. This data suggests that while inflation remains above the Federal Reserve's 2% target, the pace of price increases is moderating, potentially influencing future monetary policy decisions.

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[ https://www.cnn.com/2025/06/11/economy/us-consumer-price-index-may ]