Group 1 - The core point of the article is that the US Consumer Price Index (CPI) data for May showed a month-on-month increase of 0.1% and a year-on-year increase of 2.4%, which met expectations, while the core CPI also rose 0.1% month-on-month and 2.8% year-on-year, both below market expectations [1][2] - The report indicates that the prices of goods excluding food and energy remained flat month-on-month, suggesting that the cost increases from tariffs have not yet been passed on to consumers [2][3] - Energy prices fell by 1%, while prices for new and used cars decreased by 0.3% and 0.5%, respectively, and clothing prices dropped by 0.4%, indicating a downward trend in key goods that were expected to be affected by tariffs [2][3] Group 2 - Following the release of the data, US Treasury prices rose, the dollar weakened, and S&P 500 futures increased, reflecting market reactions to the lower-than-expected inflation data [3] - The report comes amid ongoing trade negotiations by the Trump administration, which has implemented a 10% tariff on a wide range of imported goods, raising concerns about potential inflationary pressures from these tariffs [3] - Economists predict that if high tariff policies continue, companies may struggle to shield consumers from cost pressures, leading to a potential significant increase in price growth in the coming months [3]

Core Insights - The core Consumer Price Index (CPI) in the U.S. increased by only 0.1%, which was unexpected by analysts [1] - No respondents in a Bloomberg survey of 73 participants predicted the 0.1% growth, with expectations ranging from 0.2% to 0.5% [1]

Core Insights - The U.S. Consumer Price Index (CPI) for May increased by 2.4% year-over-year, meeting expectations, with the previous value at 2.3% [1] - The core CPI for May rose by 2.8% year-over-year, which is below the expected value of 2.9%, and the previous value was also 2.8% [1] - The core CPI has now shown a lower-than-expected increase for four consecutive months, indicating that companies are attempting to limit the transfer of rising costs from tariffs to consumers [1]