local
Inflation hits three‑year high in May
By CBS Texas at CBS Texas (KTVT) DFW
· June 25, 2026
· 1 min read
Inflation rose to 4.1% in May, the highest in three years and up from 3.8% in April, widening the gap between wages and spending power. Core inflation ticked up only slightly to 3.4%, and economists say stable oil prices could help bring overall inflation down soon.
Key takeaway 1% in May, the highest in three years and up from 3.
Why this matters in Southlake News
For Southlake residents, the latest inflation numbers mean their dollars won't stretch as far as they used to. With a 4.1% inflation rate, the cost of everyday items like groceries and household goods will continue to climb, affecting local families' budgets. This could be particularly challenging for households with fixed incomes or those living paycheck to paycheck. The widening gap between wages and spending power may also impact local businesses, as consumers may cut back on discretionary spending to make ends meet. As economists predict stable oil prices could help bring inflation down, Southlake commuters will be watching to see if this translates to lower gas prices, which could provide some relief for their daily commutes to the Dallas-Fort Worth area. The city's economy will likely feel the effects of inflation, making it crucial for local leaders to consider the impact on residents and businesses.
About this story
Original reporting by CBS Texas (KTVT) DFW . Southlake News surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit CBS Texas (KTVT) DFW . Have a tip or correction? Contact our newsroom .
Category: local ·
Published: June 25, 2026 ·
Source: CBS Texas (KTVT) DFW ·
Reading time: 1 min
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Frequently asked about this story
What is this story about? Inflation rose to 4.1% in May, the highest in three years and up from 3.8% in April, widening the gap between wages and spending power. Core inflation ticked up only slightly to 3.4%, and economists say stable oil prices could help bring overall inflation down soon.
When was this published? This article was first published on June 25, 2026 by CBS Texas (KTVT) DFW and curated for Southlake News readers.
Who reported this story? This story was reported by CBS Texas at CBS Texas (KTVT) DFW. To learn more about how Southlake News selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more local coverage from Southlake News, or browse our daily briefing and topic hubs .
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