May's CPI inflation data was uneventful. Check out if underlying trends could signal a shift toward higher inflation or not.

Here are the key points to know from this morning's consumer-price index for May: Year-over-year inflation picked up slightly, as expected, to 2.4%. For April, the [reading was 2.3%](

India's retail inflation stayed below the central bank's 4% target for the fourth straight month in May on easing food prices, reinforcing the case for last week's surprise steep interest rate cut. Annual retail inflation slowed to 2.

Inflation rose 2.4% year over year and 0.1% month over month in May. NBC News' Brian Cheung and Investopedia's Editor-in-Chief Caleb Silver break down the latest inflation numbers for the U.S.

PFIX can act as an interest rate hedge as inflationary expectations rise. Read more on why I am recommending PFIX with a Hold rating.

Argentina's monthly inflation rate cooled to its lowest level in more than five years in May, official data showed on Thursday, adding momentum to President Javier Milei's drive to rid the country of chronically soaring prices.

Consumer prices rose 2.4% over the year, and the month-over-month increase was lower than expected.