Cpi Forecast May 2024. The consumer price index declined to a 3.3% annual rate, down from 3.4% in april. Previous monthly figures for 2024 have seen 0.3% to 0.4% increases for both monthly.
The federal reserve bank of cleveland provides daily “nowcasts” of inflation for two popular price indexes, the price index for personal consumption expenditures (pce) and. Forecasts for the may consumer price index report show overall inflation easing thanks to falling gas prices, while core inflation (which excludes volatile food and.