Loading page content
Data from U.S. Bureau of Labor Statistics. Forecasts by Sigmanomics Forecast Engine.
United StatesUS CPI climbed to 335.12% in May 2026
U.S. Bureau of Labor StatisticsMonthlyReleased June 2026
US CPI climbed to 335.12% in May 2026, released June 2026, up 2.1% from April's 333.02% reading. The reading matched expectations. CPI has now risen for 6 consecutive months. Over the past 3 months, CPI averaged 331.62%, vs 325.05% in the prior 3-month window. CPI is now the highest in 37 months.
Latest Release
335.12
Actual
335.11
Consensus
333.02
Previous
Median Absolute Error
±0.16 percentage points
across last 12 releases
Last Call
Jun 2026
Predicted: 335.23
Actual: 335.12
Error: +0.11
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| GBP/USD | ▼ Inverse | −0.44 | FOREX | Bearish GBP | → View |
| AAPL | ▲ Direct | +0.30 | STOCKS | Bullish AAPL | → View |
| GOOGL | ▲ Direct | +0.28 | STOCKS | Bullish GOOGL | → View |
| USD/CHF | ▲ Direct | +0.27 | FOREX | Bullish USD | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
CPI (United States) was reported at 335.12% in June 2026. This beat the market consensus of 335.11% by 0.01%. The reading rose from the previous value of 333.02%. Trailing 12-month context per ETL data through June 2026. Over the past 12 months, the indicator has averaged 326.71%, ranging from 322.17% to 335.12% across 20 releases. This is classified as a medium-impact indicator released on a monthly basis.
WHY IT MATTERS
The trailing three releases averaged 334.04%, up from the prior three at 329.83%. Volatility over the past year (σ 3.93%) is lower than the prior year (σ 61.15%). In June readings over the past 3 years, CPI has averaged 321.03%.
THE MODEL'S TAKE
Historically, this indicator is negatively correlated with GBP/USD (Bearish GBP). A secondary relationship exists with AAPL, positively correlated (Bullish AAPL). Over the last 12 releases, the Sigmacast model's median absolute error is 0.16%.
WHAT TO WATCH NEXT
The next release is scheduled for July 14, 2026. Same-country events in the next 14 days include NY Empire State Manufacturing Index (Jun 15) and Industrial Production MoM (Jun 15).
Auto-generated from current model state · Refreshes on each release · Last update June 2026.
SHARE
CPI - US
Loading chart data...
About CPI — United States
DEFINITION
US CPI All Urban Consumers rose to 333.979 in May, up from April’s 332.407, marking a continued increase in consumer prices. The May reading shows a steady upward trend following March’s 330.293, indicating persistent inflationary pressure. Market focus remains on upcoming Federal Reserve decisions amid ongoing price gains. Updated 6/11/26
WHY THIS INDICATOR MATTERS
Inflation prints feed directly into central-bank policy expectations and real-yield calculations, and are among the most rate-sensitive releases on the calendar. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (May 2026): actual 334 Index 1982-84=100. Prior reading (Apr 2026): 332.4 Index 1982-84=100. Before that (Mar 2026): 330.3 Index 1982-84=100.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with GBP/USD (Bearish GBP, r=-0.44) — a useful reference for forex-focused traders.