The Consumer Price Index released yesterday shows that prices for food, energy and products like used cars increased 5 percent compared to May of 2020. It’s the biggest year-over-year increase in almost 13 years.

• Plus, President Biden strikes a different tone on the world stage.
• And, brace yourself for cold and flu season this year.

Guests: Axios' Felix Salmon, Marisa Fernandez, and Margaret Talev.

Credits: Axios Today is produced in partnership with Pushkin Industries. The team includes Niala Boodhoo, Sara Kehaulani Goo, Dan Bobkoff, Alexandra Botti, Nuria Marquez Martinez, Sabeena Singhani, Amy Pedulla, Naomi Shavin, and Alex Sugiura. Music is composed by Evan Viola. You can reach us at podcasts@axios.com.

Go deeper:

• Consumer prices rose 5% from last May, as pace of inflation ticks up
• America's next big wave of sick