The annual inflation rate in the US rose for the first time in four months to 2.4% in May 2025 from April’s 2.3%, the lowest since 2021, but came in below expectations of 2.5%. Prices rose more for food (2.9% vs 2.8% in April), transportation services (2.8% vs 2.5%), used cars and trucks (1.8% vs 1.5%) and new vehicles (0.4% vs 0.3%). On the other hand, inflation fell slightly for shelter (3.9% vs 4%). Meanwhile, energy cost declined 3.5%, following a 3.7% fall in April. Prices for gasoline (-12% vs -11.8%) and fuel oil (-8.6% vs -9.6%) continued to decrease while the rise for natural gas prices remained elevated (15.3% vs 15.7%). On a monthly basis, the CPI edged up 0.1%, below 0.2% in the previous month and forecasts of 0.2%. In addition, annual core inflation which excludes volatile food and energy prices, remained at 2.8%, holding at 2021-lows, while expectations were pointing to a rise to 2.9%. The monthly core CPI also edged up 0.1%, below 0.2% in April and expectations of 0.3%. source: U.S. Bureau of Labor Statistics

Inflation Rate in the United States increased to 2.40 percent in May from 2.30 percent in April of 2025. Inflation Rate in the United States averaged 3.29 percent from 1914 until 2025, reaching an all time high of 23.70 percent in June of 1920 and a record low of -15.80 percent in June of 1921. This page provides - United States Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. United States Inflation Rate - data, historical chart, forecasts and calendar of releases - was last updated on June of 2025.

Inflation Rate in the United States increased to 2.40 percent in May from 2.30 percent in April of 2025. Inflation Rate in the United States is expected to be 2.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Inflation Rate is projected to trend around 2.40 percent in 2026 and 2.30 percent in 2027, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-05-13 12:30 PM
Inflation Rate YoY
Apr 2.3% 2.4% 2.4% 2.5%
2025-06-11 12:30 PM
Inflation Rate YoY
May 2.4% 2.3% 2.5% 2.5%
2025-07-15 12:30 PM
Inflation Rate YoY
Jun 2.4% 2.5%

Components Last Previous Unit Reference
Core Inflation Rate YoY 2.80 2.80 percent May 2025
Energy Inflation -3.50 -3.70 Percent May 2025
Food Inflation 2.90 2.80 percent May 2025
Rent Inflation 3.90 4.00 percent May 2025
Services Inflation 3.70 3.70 Percent May 2025

Related Last Previous Unit Reference
CPI 321.47 320.80 points May 2025
Core Consumer Prices 326.85 326.43 points May 2025
CPI Median 3.50 3.50 percent May 2025
CPI s.a 320.58 320.32 points May 2025
CPI Trimmed-Mean 3.00 3.00 percent May 2025
Export Prices 151.30 152.70 points May 2025
Import Prices 141.80 141.80 points May 2025
Consumer Inflation Expectations 3.20 3.60 percent May 2025
Inflation Rate YoY 2.40 2.30 percent May 2025
Inflation Rate MoM 0.10 0.20 percent May 2025
PCE Price Index 126.11 125.94 points May 2025
PPI YoY 2.60 2.50 percent May 2025

United States Inflation Rate
In the United States, unadjusted Consumer Price Index for All Urban Consumers is based on the prices of a market basket of: Food (14% of total weight); Energy (8%); Commodities Less Food & Energy Commodities (21%) and Services Less Energy Services (57%). The last category is divided by: Shelter (32%), Medical Care Services (7%) and Transportation Services (6%).
Actual Previous Highest Lowest Dates Unit Frequency
2.40 2.30 23.70 -15.80 1914 - 2025 percent Monthly
NSA

News Stream
US Inflation Rate Rises Less than Expected
The annual inflation rate in the US rose for the first time in four months to 2.4% in May 2025 from April’s 2.3%, the lowest since 2021, but came in below expectations of 2.5%. Prices rose more for food (2.9% vs 2.8% in April), transportation services (2.8% vs 2.5%), used cars and trucks (1.8% vs 1.5%) and new vehicles (0.4% vs 0.3%). On the other hand, inflation fell slightly for shelter (3.9% vs 4%). Meanwhile, energy cost declined 3.5%, following a 3.7% fall in April. Prices for gasoline (-12% vs -11.8%) and fuel oil (-8.6% vs -9.6%) continued to decrease while the rise for natural gas prices remained elevated (15.3% vs 15.7%). On a monthly basis, the CPI edged up 0.1%, below 0.2% in the previous month and forecasts of 0.2%. In addition, annual core inflation which excludes volatile food and energy prices, remained at 2.8%, holding at 2021-lows, while expectations were pointing to a rise to 2.9%. The monthly core CPI also edged up 0.1%, below 0.2% in April and expectations of 0.3%.
2025-06-11
US Inflation Rate Expected to Pick Up
The annual inflation rate in the US likely accelerated for the first time in four months, rising to 2.5% in May 2025 from 2.3% in April, the lowest level since February 2021, amid the early impact of President Trump’s new tariffs. On a monthly basis, the CPI is expected to increase by 0.2%, matching April’s gain, driven primarily by rising prices for goods such as furniture, apparel, and auto parts, as businesses begin passing on tariff-related costs to consumers. Meanwhile, annual core inflation which excludes volatile food and energy prices, is projected to edge up to 2.9% from 2.8% in both April and March, the lowest reading since 2021. The monthly core CPI is anticipated to rise by 0.3%, up from 0.2% in April, marking the highest monthly increase in four months.
2025-06-11
US Inflation Rate Unexpectedly Slows to 2.3%, Lowest since 2021
The annual inflation rate in the US eased to 2.3% in April 2025, the lowest since February 2021, from 2.4% in March and below forecasts of 2.4%. Energy cost declined 3.7%, more than a 3.3% fall in March. Prices for gasoline (-11.8% vs -9.8%) and fuel oil (-9.6% vs -7.6%) decreased at a faster pace while natural gas prices soared (15.7% vs 9.4%). Inflation also slowed for food (2.8% vs 3%) and transportation (2.5% vs 3.1%) and steadied for shelter (4% vs 4%). On the other hand, prices increased faster for used cars and trucks (1.5% vs 0.6%) and new vehicles (0.3% vs 0%). Compared to the previous month, the CPI rose 0.2%, rebounding from a 0.1% fall in March but below forecasts of 0.3%. Shelter costs rose 0.3% and accounted for more than half of the all items monthly increase. Energy prices were also 0.7% up as increases in the natural gas index and the electricity index more than offset a decline in gasoline. Meanwhile, annual core inflation rate steadied at 2.8% as expected.
2025-05-13