Partly reflecting another notable increase in energy prices, the Labor Department released a report on Friday showing that U.S. consumer prices rose in line with economist estimates in the month of June.
The Labor Department said its consumer price index climbed by 0.3 percent in June following a 0.4 percent increase in May. The continued increase in prices matched economist estimates.
Excluding food and energy prices, core consumer prices still rose by 0.2 percent in June after inching up by 0.1 percent in the previous month. The uptick in core prices also came in line with expectations.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.