The annual inflation rate increased to 4.2 percent in May, marking the highest level in three years. This rise is attributed to increased costs in energy and other goods, as reported by the Department of Labor on June 10, 2026. The consumer price index (CPI), which measures inflation, reflects this increase over the past 12 months.
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Annual Inflation Rate Reaches 4.2 Percent in May
In May 2026, the annual inflation rate rose to 4.2 percent, the highest level in three years. The increase is linked to rising costs of energy and various goods, according to the Department of Labor.
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Inflation rises to 4.2 percent in May, highest level in 3 years
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Annual Inflation Rate Reaches 4.2 Percent in May