Cpi May 2024 Report. Instead, stocks were falling on wednesday, with the dow jones industrial average djia briefly plunging as much as 743.89 points, on the view that policy makers may be doing too little, too late to. Stocks fall as annual inflation slows but monthly cpi notches surprise increase.

The index for meats, poultry, fish, and eggs increased 0.2 percent in may, after decreasing 0.7 percent in april. May data from the labor department showed inflation was cooler than expected last month, offering a fresh take on the state of consumer prices after the april report showed inflation easing.