AI Data Insight
According to the latest data, the US energy CPI for May 2026 climbed to 338.64, a significant increase of about 3.9% from 325.98 in the previous month. This acceleration in inflation was primarily driven by energy components such as gasoline and fuel oil, which accounted for over 60% of the monthly increase in the overall CPI. However, the core CPI rose by only 0.2% month-over-month, coming in below market consensus. In the short term, energy prices may peak and retreat alongside falling oil prices, but in the medium term, the situation in the Middle East remains the greatest risk for unanchoring inflation expectations.