US core inflation continues decline

Finance chart

Core inflation in the US continued on a downward trend in May, according to the personal consumption expenditures (PCE) inflation index.

Figures released on June 30 show PCE inflation excluding food and energy fell to 4.7% year on year in May, down from 4.9% in April. Core inflation peaked at 5.3% in February.

Headline PCE inflation was 6.3% in May, unchanged from a month earlier and down from a March peak of 6.6%. The Bureau of Economic Analysis said the May figure reflected increases in both

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: