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U.S. Bank: May CPI to Rise to 4.2%, Highest Since April 2023, on Energy Price Jump

2026-06-09 10:07:53

According to U.S. Bank's Global Research division, May consumer price inflation is forecast to climb 0.46% month-on-month, with annual CPI reaching 4.2%—the highest level since April 2023. The increase is primarily driven by energy price gains, according to Jin10.

Core CPI is expected to show more moderate growth, rising 0.2% month-on-month and 2.8% year-on-year.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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