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Hiteconomy

The May 2024 CPI report (released June 12) shows inflation as favorable as April's print

A scored prediction by Tom Lee, made on .

VideoQuote from the original sourceeconomy

Scored prediction

Hiteconomy

May will be equally good

The May 2024 CPI report (released June 12) shows inflation as favorable as April's print

Made on
2024-05-26
Outcome
Hit
Importance
2 / 5
Effect on score
+1.91

What counted as right

Status
resolved
Settled on
2024-06-12

The May 2024 CPI report released 2024-06-12 shows month-over-month (core) inflation at or below April's reading

Criterion is a factual comparison of the May 2024 core CPI MoM print (released 2024-06-12) against April's. May core = 0.2% MoM; April core = 0.3% MoM, so May was below April — the 'at or below' condition holds. Data is from the official BLS release; secondary outlets corroborate. No conflicting credible evidence found. Outcome value (o) intentionally not assigned per stage scope.

Sources

  • May CPI: Another Good CPI Report?👀🔥

    YouTube ·

    Source

Evidence of what happened

  • BLS May 2024 CPI (released 2024-06-12): core CPI (ex food & energy) rose 0.2% month-over-month in May, down from 0.3% MoM in April 2024; core annual rate eased to 3.4% from 3.6%. May's core MoM reading (0.2%) is at or below April's (0.3%), satisfying the written criterion.

    Evidence

  • Reporting on the June 12, 2024 release: core CPI rose 0.2% from April vs. economists' 0.3% expectation and 3.4% year-over-year; softer-than-expected print indicating moderating core price pressure.

    Evidence

  • Morningstar: May 2024 CPI report softer than expected; core inflation cooled month-over-month relative to April.

    Evidence

Corrections

No public corrections.

Effect on the score

+1.91
How sure they sounded
85%
Outcome
Hit
Importance
2 / 5

This page shows the scored prediction as published; the site doesn't recompute or adjust the score.

Where this came from

The May 2024 CPI report (released June 12) shows inflation…
Methodology version
v1.0.0
Last computed
August 5, 2026
Made on
2024-05-26

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