We just got the April Consumer Price Index, a key measure of inflation. It shows that prices are rising as the Iran war creates oil supply shocks. Let's take a look at this chart.Month-over-month inflation was 0.6% in April after hitting 0.9% in March. The last time we saw numbers like this was back in 2022, when inflation was at a 40-year high. That leads us to this annual inflation chart, which shows that overall inflation hit 3.8% in April.So-called core inflation, which excludes volatile food and energy ...

The US consumer price index jumped 3.8% on a year-on-year basis, outstripping workers’ earnings for the first time in three years and marking the highest inflation print since May 2023. @mckonomy has more https://t.co/SrxfMdKmpC https://t.co/mBELve44i2 ...

0.6% is the month-over-month increase in the consumer price index. Um the core number is up 4/10en of 1% which is a tenth of a percent hotter than estimated. And year-over-year up 3.8% headline that is also hotter and a significant uptick from the 3.3% um in March. And finally, core CPI year-over-year up 2.8%.So again, just running through these numbers, uh CPI, consumer inflation month over month rising 610 of 1%. you back out food and energy, you get an increase of 0.4%. Year-over-year, a tick up of 3.8% ...

We are going to get those CPI numbers and Rick Santelli is standing by at the CME in Chicago. Rick, >> yes, our April consumer price index hitting the wires. Up 610 is the headline number.That's exactly what we were expecting. It follows up 9/10 up to this point. Still unrevised.That up 9/10 was the warmest inflation on a month- over-month headline basis since June of 22. Now the 610 backtracks it a bit. brings us to Feb when it was up 3/10.If we strip out the allimportant food and energy, a little warmer t ...

Treasuries maintained their losses after a reading of the core consumer price index exceeded economists’ estimates https://t.co/rrXqnl1cYN ...

News when you want it with Bloomberg News now. I'm Monica Rix. We're still waiting on details on Iran's response to President Trump's latest proposal to end ten weeks of war in the Middle East.It went to Pakistan this morning, which is acting as a mediator for this conflict. Bloomberg's Jeff Mason has more from Washington. They've been waiting all weekend for it to come in, and now it's in.And now what we'll want to be asking and seeing is whether or not it's acceptable to President Trump. What what they ha ...