May CPI Review: Inflation Continues To Defy Tariffs

Jeremy LaKosh
5.51K Followers
(6min)

Summary

  • The Bureau of Labor Statistics released May inflation data this morning with continued progress in headline and core inflation.
  • Goods inflation is showing no signs of tariff influence.
  • Services inflation is now contributing to the disinflationary trend.
  • When it comes to outlook, investors should be monitoring the supply chain and government spending for signs of trouble.

Red Tariffs and Inflation labels on a hundred dollar bill

zimmytws

Introduction

Earlier today, the Bureau of Labor Statistics released the Consumer Price Index for the month of May. On the month, inflation rose by 0.1% and increased by 2.4% on a year over year basis. When removing food and energy (which tend to be

This article was written by

5.51K Followers
About My Writing: I am currently focused on income investing through either common shares, preferred shares, or bonds.  I will occasionally break away and write about the economy at large or a special situation involving a company I've been researching in. I target two articles per week for publication on Monday and Tuesday.About My Background: Bachelors in history/political science, Masters in Business Administration with a specialization in Finance and Economics. I enjoy numbers. I have been investing since 2000. Professionally, I am the CEO of an independent living retirement community in Illinois.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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