U.S. consumer prices rose by 0.1% in May, a smaller increase than anticipated, as cheaper gasoline helped offset higher housing costs. According to data published by the Labor Department, the monthly advance in the Consumer Price Index (CPI) was more modest than economists’ expectations.

Prices for toys, car parts and major appliances jumped in the US last month, but the overall impact of Donald Trump's new tariffs on consumers remained relatively muted. Inflation, the pace of price increases,

U.S. inflation saw a slight increase in May, with consumer prices rising 2.4% year-over-year, driven by higher food costs. Core prices, excluding food and energy, remained stubbornly high at 2.8% for the third consecutive month,

Inflation rose less than expected in May, a month when the effects of higher tariffs were starting to become more widespread.