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- Headline CPI was unchanged in May versus expectations for a 0.1% increase.
- On a yearly basis, headline CPI was up 3.3%, lower-than 3.4% estimate.
- Core CPI rose 0.2% in May and 3.4% from a year ago, below estimates for a 0.3% and 3.5% increase.
- Stock futures were up following the report, Dow Jones Industrial Average rose 0.7% while S&P 500 and Nasdaq 100 futures gained 0.8% and 1.1%, respectively.
