Inflation Surpassed 4% in May
The Consumer Price Index rose to 4.2% annually in May 2026, marking the highest increase in three years, with energy costs—driven by the Iran war—accounting for more than 60% of the monthly increase and pushing gasoline prices up more than a dollar. Core CPI (excluding food and energy) increased 2.9% annually, the shelter index rose 3.4% year-over-year, and the energy component surged 23.5% annually, while inflation outpaced wage growth for the second consecutive month and energy prices are expected to remain elevated for months ahead.
Published by NAHB — Eye on Housing. Global Real Estate Intelligence links to the original source and credits the publisher; all rights remain with them.
Provenance
- Publisher
- NAHB — Eye on Housing
- Obtained from
- NAHB — Eye on Housing
- Published
- Jun 10, 2026
- Last updated
- Jun 28, 2026 (1 month ago)
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