June 12, 2024US CONSUMER PRICE INDEX, MAY 2024 ![](https://novascotia.ca/finance/statistics/media/20240612-usCPIm1a.jpg)
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The United States Consumer Price Index (not seasonally adjusted) for All Urban Consumers increased 3.3% year-over-year in May 2024, this was down from a year-over-year pace of 3.4% in April.
Compared to May 2023, the US energy price index rose 3.7%. The food index rose 2.1% and the shelter index was up 5.4% year-over-year.
The US CPI excluding food and energy rose 3.4% compared to May 2023.
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Note: Canada and Nova Scotia May 2024 CPI figures will be released on June 25, 2024.
Sources: Statistics Canada. Table 18-10-0004-01 Consumer Price Index, monthly, not seasonally adjusted; US Bureau of Labor Statistics retrieved from the Federal Reserve Bank of St. Louis