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🔥 Inflation is heating up as CPI rises 3.8% year over year in April.
Yahoo Finance· 2026-05-12 13:15
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% ...
US Inflation Driven Higher in April by Gasoline, Food
Bloomberg Television· 2026-05-12 12:58
No surprises here. The headline CPI month over month increased 6/10 of a percent as forecast after a 9/10 move last month. The core CPI year on a month over month basis is up 4/10.That is stronger than was expected. So for the year we have CPI up 3.8% and the core up 2.8%. That's the highest CPI for year over year since 2022 I believe.And it is also more than anticipated. It's a jump of half a percentage point. Where's that upside surprise come from uncle.Well right now it looks like it's coming from a coup ...
X @Wu Blockchain
Wu Blockchain· 2026-05-12 12:50
US Core Inflation Rises to 7-Month HighU.S. headline CPI rose 3.8% year over year in April (not seasonally adjusted), above the 3.7% market estimate. Core CPI rose 2.8% year over year, above the 2.7% estimate, while core CPI increased 0.4% month over month on a seasonally adjusted basis, above the 0.3% estimate.Services excluding energy services increased 3.3% year over year, led by shelter (+3.3%) and transportation services (+4.3%). Apparel prices rose 4.2% year over year, new vehicles edged up 0.2%, whil ...