US CPI rose 0.5% in May; 4.2% from a year earlier
The Bureau of Labor Statistics said the seasonally adjusted Consumer Price Index rose 0.5% in May 2026, putting annual inflation at 4.2%. Core CPI, which excludes food and energy, rose 0.2% on the month and 2.9% on the year.
- Headline CPI rose 0.5% in May; 4.2% from a year earlier
- Core CPI (ex food & energy) rose 0.2% in May; 2.9% from a year earlier
- Index level 334.0 (1982-84=100, seasonally adjusted)
- Monthly change from the seasonally adjusted index, 12-month change from the unadjusted index, as published on the release date (ALFRED vintage)
SPX around the story · hourly24 h reaction ▼ 0.55%
Moves this explains
SPX−1.68%Jun 9 · Fell 1.7% on the day May CPI rose 0.5% month on month and 4.2% year on year, released at 8:30 a.m. ET. Tesla -4.4%, gold -4.2%, NVIDIA -3.5%; Bitcoin was roughly flat at -0.4%.SPY−1.76%Jun 9 · Fell 1.8% on the day the May CPI report showed prices up 0.5% for the month and 4.2% from a year earlier. The S&P 500 fell 1.7%, Tesla 4.4%, Nvidia 3.5%, and gold 4.2%.TSLA−4.36%Jun 9 · Fell 4.4% in a broad risk-off day: S&P 500 -1.7%, gold -4.2%, Nvidia -3.5%, Amazon -3.0%. It coincided with the May CPI release, which showed prices up 0.5% on the month and 4.2% on the year.XAU−4.15%Jun 9 · Gold fell 4.15%, its largest drop of the period, on a day when all ten instruments we cover were down, including the S&P 500 (-1.68%) and Tesla (-4.36%). The same week's US CPI report showed prices rising 0.5% in May and 4.2% from a year earlier, a hot inflation print that pushes out rate-cut expectations.TSM−4.24%Jun 9 · TSM fell 4.24% in a broad selloff: SPX -1.68%, QQQ -2.42%, AVGO -5.32%, AMD -6.36%, XAU -4.15% and ORCL -12.49%. The move followed May CPI rising 0.5% month over month and 4.2% year over year, which raised rate-hike concerns; Oracle's Q4 results were released the same day.Source
Bureau of Labor StatisticsJun 10, 2026, 8:30 AM ET