May 2024 Consumer Price Index — 2024-06-12

(NOTE: This news release was reissued on June 12, 2024, to correct an error in the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) paragraph of the news release. The release incorrectly stated that the 1-month percent change decreased 0.1 percent prior to seasonal adjustment. The CPI-W increased 0.1 percent prior to seasonal adjustment.) The Consumer Price Index for All Urban Consumers (CPI-U) was unchanged in May on a seasonally adjusted basis, after rising 0.3 percent in April, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 3.3 percent before seasonal adjustment. More than offsetting a decline in gasoline, the index for shelter rose in May, up 0.4 percent for the fourth consecutive month. The index for food increased 0.1 percent in May. The food away from home index rose 0.4 percent over the month, while the food at home index was unchanged.