The consumer price index was expected to show a 4.2% gain from a year ago, according to the Dow Jones consensus estimate.

Economists expect the Consumer Price Index this week to show U.S. inflation continuing to rise due to higher energy costs.

Inflation worries remain as employment data has surpassed expectations.

China's consumer price index (CPI), a main gauge of inflation, rose 1.2 percent year-on-year in May, official data showed Wednesday. The core CPI, which excludes food and energy…