Forex Fundamentals
US Core Inflation Rate (Core CPI)

US Core Inflation Rate (Core CPI) 12 June 2024

US Core Inflation Rate (Core CPI) 12 June 2024: 3.4% for May 2024, below the 3.5% forecast and down from 3.6% in April 2024. It is the lowest of the last 12 releases. 4 of the last 12 releases came in below the forecast. It was released on Wed 12 Jun 2024 at 12:30 UTC (8:30 AM ET).

These figures were verified on 4 Oct 2026 from the source: U.S. Bureau of Labor Statistics. This page reports the release as published: the figures, the consensus forecast and what a print like it usually does to the currency.

Actual
3.4%
May 2024
Forecast
3.5%
The market consensus
Previous
3.6%
As the source gives it

What a print like this usually does

Below the forecast: A downside surprise usually weighs on the dollar as it suggests inflation is easing.

US Core Inflation Rate (Core CPI) 12 June 2024: 3.4% for May 2024 against a 3.5% forecast, with the last 12 releases
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Cite this release

If you cite this release, please link to this page:

US Core Inflation Rate (Core CPI) 12 June 2024: 3.4% vs 3.5% forecast (U.S. Bureau of Labor Statistics). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/us-core-cpi/2024-06-12

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
12 Jun 2024May3.4%3.5%3.6%
15 May 2024Apr3.6%3.6%3.8%
10 Apr 2024Mar3.8%3.7%3.8%
12 Mar 2024Feb3.8%3.7%3.9%
13 Feb 2024Jan3.9%3.7%3.9%
11 Jan 2024Dec3.9%3.8%4%
12 Dec 2023Nov4%4%4%
14 Nov 2023Oct4%4.1%4.1%
12 Oct 2023Sep4.1%4.1%4.3%
13 Sep 2023Aug4.3%4.3%4.7%
10 Aug 2023Jul4.7%4.8%4.8%
12 Jul 2023Jun4.8%5%5.3%
The release before:US Core Inflation Rate (Core CPI) 15 May 2024The release after:US Core Inflation Rate (Core CPI) 11 July 2024US Core Inflation Rate (Core CPI): every recent resultThis week’s economic calendar