Summary
- ‘Headline’ inflation rose 0.2% in May, but is up 2.8% over the last 12 months, highest since February 2012.
- Core inflation also increased 0.2%, showing that gasoline prices are not the sole source of inflationary pressure.
- Non-seasonally adjusted inflation was up 0.42% in May. What does this means for holders of TIPS and I Bonds?
Read my full analysis on SeekingAlpha.com
Also, I have updated my Inflation and I Bonds page with the new numbers.
And here are the new July inflation indexes for all TIPS.
Treasury Inflation-Protected Securities 
Note, "when you establish an account..." It does say "at any time" (perhaps someplace else?) Regs are tricky!