Inflationary pressures have eased slightly, though inching up by 0.1 per cent in May 2025, following a 0.2 per cent rise in April, according to the latest Consumer Price Index for All Urban Consumers (CPI-U), released by the Bureau of Labour Statistics.
Over the past 12 months, the all items index increased by 2.4 per cent before seasonal adjustment. The shelter index rose by 0.3 per cent in May, contributing significantly to the overall monthly increase.
The food index also increased by 0.3 per cent, with both the food at home and food away from home indexes rising by 0.3 per cent. In contrast, the energy index declined by 1.0 per cent, driven by a decrease in the gasolene index.
Excluding food and energy, the all items index increased by 0.1 per cent in May, following a 0.2 per cent increase in April. Notable increases were observed in medical care, motor vehicle insurance, household
furnishings and operations, personal care, and education.
The indexes for airline fares, used cars and trucks, new vehicles, and apparel were among the major indexes that decreased in May. Over the last 12 months, the all items index rose by 2.4 per cent, slightly higher than the 2.3 per cent increase recorded for the 12 months ending in April.
The index for all items less food and energy increased by 2.8 per cent over the past year. The energy index decreased by 3.5 per cent, while the food index increased by 2.9 per cent over the same period.
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