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Thomas StorringDirector – Economics and Statistics
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June 10, 2026
US CONSUMER PRICE INDEX, MAY 2026

The United States Consumer Price Index (not seasonally adjusted) for All Urban Consumers increased 4.2% year-over-year in May 2026, up from the 3.8% year-over-year pace in April 2026.

Compared to May 2025, the US energy price index was up 23.5%. The gasoline price index was up 40.5%. The food index rose 3.1% and the shelter index was up 3.4% year-over-year.

The US CPI excluding food and energy rose 2.9% compared to May 2025. 

Please note that October 2025 inflation was not published due to the US government shut down.

CPI figures for Canada and Nova Scotia will be released on June 22, 2026.

Sources: Statistics Canada. Table 18-10-0004-01  Consumer Price Index, monthly, not seasonally adjusted; U.S. Bureau of Labour Statistics retrieved from the Federal Reserve Bank of St. Louis