Consumer prices rose 3.8% annually in April, the highest since May 2023
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 inflations 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 Reserves 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 -
Link to tweet
@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.
This is breaking news. Please refresh for updates.
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.
displacedvermoter
(4,955 posts)It is real hard to fudge or recalculate or reinterpret, or adopt new accounting measures on this to soften the impact of any bad numbers. The least informed of our fellow citizens can readily understand how much more it costs to fill their truck or buy roofing supplies.
UpInArms
(55,302 posts)can be found here:
https://www.bls.gov/news.release/cpi.nr0.htm
Raven123
(7,884 posts)essaynnc
(993 posts)I've been to the grocery store, I've been to the gas pump. I've looked at services that have doubled in the last year. What the hell?
Propaganda at its finest!
magicarpet
(19,353 posts)sinkingfeeling
(57,993 posts)chicoescuela
(3,168 posts)Cheezoholic
(3,871 posts)because they are. We really need to attach Republicans to everything we think he does
Cheezoholic
(3,871 posts)progree
(13,065 posts)I'll add more info later after I read the news summary https://www.bls.gov/news.release/cpi.nr0.htm
CPI data series: https://data.bls.gov/timeseries/CUSR0000SA0
Core CPI data series: http://data.bls.gov/timeseries/CUSR0000SA0L1E
As always, I prefer to show everything annualized so as to compare to the Fed's 2% goal and to each other
Regular CPI (includes food & energy)
Red line indicates the Federal Reserve's 2.0% inflation target

CORE CPI (EXcludes food & energy)
Red line indicates the Federal Reserve's 2.0% inflation target

Percent increases over the past month, over the past 3 months, and over the past 12 months, seasonally adjusted numbers, ANNUALIZED
1 mo 3 mo 12mo
---- ---- ----
8.0% 7.3% 3.8% Regular CPI (includes food & energy)
4.6% 3.2% 2.8% Core CPI (does not have food or energy)
2.0% 2.0% 2.0% Federal Reserve Target
Cheezoholic
(3,871 posts)I ask because it seems every time there's an inflationary increase in prices they never recover much. Then a year later, if thats how they do it, they are comparing prices to a prior inflated price. So after a year if prices stabilize a claim can be made that inflation is under control when actually its now baked into their calculations. I could be wrong, very wrong probably lol.
SamuelAdams
(170 posts)So the 3.9% means April 2026 was 3.9% more expensive than April 2025.