Consumer Prices Rise in April

The Consumer Price Index rose 0.3 percent in April on a seasonally adjusted basis, according to U.S. Bureau of Labor Statistics. This followed a 0.4 percent increase in March. Over the last 12 months, the all-items index rose 2.0 percent.

Prices for all items less food, energy, and trade services  the “core CPI,” was unchanged in April. The index rose 2.1 percent for the 12 months ending in April, up marginally from last month.

The food index fell 01 percent in April. Prices for food at home fell 0.5 percent while food away from home grew 0.3 percent. Over the past 12 months, food prices are up 1.8 percent.

The energy index rose 2.9 percent. Gasoline prices rose 5.7 percent. The energy index rose 1.7 percent in the last twelve months.

Read the BLS release.

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