Cpi May 2024 Expectations. Previous monthly figures for 2024 have seen 0.3% to 0.4% increases for both monthly headline and core inflation. The cpi, which tracks average change in prices for a basket of goods and services common to consumers, is the most widely cited inflation metric.
The consensus expectations are that the core cpi will increase by 0.2% mom, which would decrease the annual core cpi to 3.1% (from 3.2%). 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.