The Consumer Price Index increased 0.2% in April on a seasonally adjusted basis, rebounding from a 0.3% decline in March. Over the last 12 months, the all-items index rose 2.2%.
Prices for all items less food and energy, the “core CPI,” increased 0.1% in April, up from March’s 0.1% decline. The index rose 1.9% for the 12 months ending in April.
The food index increased 0.2%, its fourth consecutive increase. Prices for food at home rose 0.2%, while prices for food away from home also increased 0.2%. Over the past 12 months, food prices are up 0.5%.
The energy index increased 1.1% in April. The gasoline index rose 1.2% following a 6.2% March decline.
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