Cpi Forecast May 2024. The most notable changes in the year were increases in transport. Prices on average, as measured by the cpi, were 2.6% higher in may 2024 compared with may 2023.
May’s consumer price index release is expected to show cooling headline inflation, though core inflation may remain sufficiently high that the federal reserve is unlikely. This is the same day that the federal reserve issues its fomc statement.