June 12 (Reuters) - U.S. stock index futures rose on

Wednesday after key inflation data showed price pressures cooled

more than expected, boosting hopes for interest-rate cuts later

this year.

A Labor Department report showed the Consumer Price Index

was unchanged on a monthly basis, where it was expected to rise

0.1%. On an annual basis, inflation rose 3.3%, lower than

economists' expectation of a 3.4% increase.

CPI, excluding volatile food and energy prices, rose 0.2%

compared with expectations of a 0.3% rise, while core inflation

rose 3.4% on an annual basis versus a forecast of 3.5%.

At 8:34 a.m. ET, Dow e-minis were up 234 points, or

0.6%, S&P 500 e-minis were up 40.25 points, or 0.75%,

and Nasdaq 100 e-minis were up 187.75 points, or 0.98%.