Consumer prices rose 3.8% annually in April, the highest since May 2023 [View all]
Last edited Tue May 12, 2026, 09:47 AM - Edit history (1)
Source: CNBC
Published Tue, May 12 2026 8:30 AM EDT Updated 3 Min Ago
Prices that consumers pay for a wide range of goods and services increased at a faster-than-expected pace in April, as another burst in energy prices raised further concerns about inflation’s impact on the U.S. economy.
The consumer price index rose at a seasonally adjusted 0.6% for the month, putting the one-year pace at 3.8%, the Bureau of Labor Statistics reported Tuesday. The monthly rate was as forecast, but the annual rate was 0.1 percentage point above the Dow Jones consensus.
Excluding food and energy, the core CPI increased 0.4% and 2.8%, respectively, keeping inflation well above the Federal Reserve’s 2% goal as the monthly rate was the highest since January 2025. Fed officials consider core a better indicator of longer-term inflation trends.
The annual headline inflation rate was the highest since May 2023 and was up half a percentage point from March. Core inflation rose 0.2 percentage point annually.
Read more: https://www.cnbc.com/2026/05/12/cpi-inflation-april-2026-.html
From the source -
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@BLS_gov
CPI for all items rises 0.6% in April; shelter and gasoline up https://bls.gov/news.release/c
pi.nr0.htm
#CPI #BLSdata
8:32 AM · May 12, 2026
Article updated.
Previous articles -
Prices that consumers pay for a wide range of goods and services increased at a faster-than-expected pace in April, raising further concerns about the inflationary impact on the U.S. economy.
The consumer price index rose at a seasonally adjusted 0.6% for the month, putting the one-year pace at 3.8%, the Bureau of Labor Statistics reported Tuesday. The monthly rate was as forecast, but the annual rate was 0.1 percentage point above the Dow Jones consensus.
Excluding food and energy, core CPI increased 0.4% and 2.8% respectively, indicating that while inflation is still well above the Federal Reserve's 2% goal, a good deal of pressure is coming from non-core areas, particularly energy.
The annual headline inflation rate was the highest since May 2023 and was up half a percentage point from March. Core inflation rose 0.2 percentage point annually.
Prices that consumers pay for a wide range of goods and services increased at a faster-than-expected pace in April, raising further concerns about the inflationary impact on the U.S. economy.
The consumer price index rose at a seasonally adjusted 0.6% for the month, putting the one-year pace at 3.8%, the Bureau of Labor Statistics reported Tuesday. The monthly rate was as forecast, but the annual rate was 0.1 percentage point above the Dow Jones consensus.
Excluding food and energy, core CPI increased 0.4% and 2.8% respectively, indicating that while inflation is still well above the Federal Reserve's 2% goal, a good deal of pressure is coming from non-core areas, particularly energy.
The annual headline inflation rate was the highest since May 2023.
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Original article/headline -
Published Tue, May 12 2026 8:30 AM EDT
The consumer price index was expected to increase by 3.7% annually in April, according to the Dow Jones consensus.
This is breaking news. Please refresh for updates.
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