US May CPI data fell short of expectations

On June 11, the US May non-seasonally adjusted CPI year-on-year recorded 2.4%, while the market expectation was 2.5%.

The US May non-seasonally adjusted CPI month-on-month recorded 0.1%, while the market expectation was 0.2%.

The US May seasonally adjusted core CPI month-on-month recorded 0.1%, while the market expectation was 0.3%.

The US May non-seasonally adjusted core CPI year-on-year recorded 2.8%, while the market expectation was 2.9%.