June 2018
The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2 percent in May on a seasonally adjusted basis after rising 0.2 percent in April the U.S. Bureau of Labor Statistics reported today. The indices for gasoline and shelter were the largest factors in the seasonally adjusted increase in the all items index, as they were in April.
The all items index rose 2.8 percent for the 12 months ending May, continuing its upward trend since the beginning of the year.
