U.S. inflation rose 0.2% in May – a lower number than expected

Posted on June 16, 2016 by Tipswatch

Summary

  • The May number came in below the consensus estimate of 0.3%, but core inflation rose to 2.2% for the last 12 months.
  • Increases in energy and shelter prices were offset by declines in food, apparel, and used cars.
  • Non-seasonally adjusted inflation was up 0.41%, continuing a string of strong increases.

I posted an analysis on what this means for TIPS and I Bonds on SeekingAlpha.com, read that here.

I also updated my Tracking Inflation and I Bonds page with the new numbers.

Also, if you’re interested, you can view the new TIPS inflation indexes for July, which are posted here.

Unknown's avatar

About Tipswatch

Author of Tipswatch.com blog, David Enna is a long-time journalist based in Charlotte, N.C. A past winner of two Society of American Business Editors and Writers awards, he has written on real estate and home finance, and was a founding editor of The Charlotte Observer's website.
This entry was posted in Investing in TIPS. Bookmark the permalink.

Leave a comment