U.S CPI Report Released, Inflation Data came in at 4.2%

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June 10, 2026 12:32:09 UTC U.S. Inflation Reaches 4.2% in May, Highest Since April 2023 U.S. consumer inflation rose 4.2% year-over-year in May, the highest reading since April 2023. Core inflation, which excludes food and energy prices, increased 2.9% annually, its highest level since September 2025. The report matters because inflation remains well above the …