TD Securities: US core CPI inflation rate may remain unchanged at 0.2% in May

Odaily News TD Securities analysts said that the US core CPI inflation rate is likely to remain unchanged in May, up 0.23% month-on-month (unadjusted). We expect that as the tariff transmission effect begins to take effect, the still weak tourism service prices will continue to suppress inflation. Analysts believe that the sharp decline in gasoline prices may drag down overall inflation to a certain extent, and the annual rates of overall and core CPI inflation are expected to be 2.4% and 2.9% respectively. (Jinshi)