Consumer Price Index Released On 6/17/2014 8:30:00 AM For May, 2014 Prior Consensus Consensus Range Actual CPI - M/M change 0.3 % 0.2 % 0.1 % to 0.3 % 0.4 % CPI less food & energy 0.2 % 0.2 % 0.0 % to 0.3 % 0.3 % Highlights Consumer price inflation was warmer than expected in May. Energy and food were particularly strong. Overall CPI inflation posted at 0.4 percent, following 0.3 percent in April. Market expectations were for 0.2 percent. Excluding food & energy the monthly rise was 0.3 percent in May after a 0.2 percent gain the month before. May topped analysts' forecast for 0.2 percent.
Energy spiked 0.9 percent in May, following 0.3 percent in April. Food jumped 0.5 percent, following 0.4 percent the month before.