US Consumer Price Index rises 3.8% in April

financeMay 12, 202642694

U.S. Consumer Price Index rose 3.8 percent year-over-year in April, the fastest annual pace since May 2023, and increased 0.6 percent from March. Core CPI, which excludes food and energy, climbed 0.4 percent month-over-month and 2.8 percent year-over-year. Higher fuel costs tied to the Iran conflict and rising housing expenses pushed much of the gain, making essentials like gas, rent, and groceries more expensive. The stronger-than-expected jump intensifies pressure on the Federal Reserve to reassess interest-rate policy and tightens household budgets.

Carl Quintanilla

@carlquintanilla.bsky.social

“.. With headline inflation coming it at +3.8% y/y in April, that means real average hourly earnings growth (adjusted for CPI) slipped into negative territory for the first time since April 2023.” - Schwab

2811h ago

meigloo.bsky.social6

let us remember Hormuz is still closed.

Lou Mannheim4

Core CPI was up 2.8%. The big jump seemed to be in shelter. (see red circle). That seems odd.

tigger0047.bsky.social3

Right on par with Republican policies...Hurt economy that Democrats fixed by blaming Democrats for the current mess...The Trump Cult is the party of don't believe your own eyes and ears

mark3

say "recession" say it because THAT WHAT THIS IS

The New York Times

@nytimes.com

Breaking News: U.S. inflation shot up to a 3.8% annual rate in April, as the war in Iran raised energy prices and costs across the country.

2281h ago

Art Martin19

who started the war with Iran? that is absent from this post. In fact--no mention of Trump at all. quite the contrast to how the NYT reported on inflation under Biden...remember this one? www.nytimes.com/2024/10/31/b...

judinthepines.bsky.social9

And WHO precisely is responsible for the war with Iran?

Mel6

Mismanagement by a corrupt, incompetent administration

amcarbone5

It’s so bad that even the complicit NYT can’t ignore what Trump’s war is doing.

Elon Putz 🇨🇦🏴‍☠️3

"Please sir, no more winning"

clnzjay 🌱 🐶 🇨🇦3

Who could have seen that coming—literally everyone outside of Trump’s corrupt circle of incompetents. Let’s see how he spins—start or escalate a crisis to deflect.

Josh2

now seems like a good time to spend $1 billion dollars on a ballrooom.

NanC Lo2

Yep, and wages are NOT keeping up with the Trump made inflation, not to mention future historic deficits which we will be required to make sacrifices to pay while Trump continues to extort money and steal resources.

Digger Schmusekater 🥘 🐈💨🍃2

now seems like a good time to spend $1 billion dollars on a golden statue.

Ben Casselman

@bencasselman.bsky.social

U.S. consumer prices rose 0.6 percent in April and were up 3.8 percent from a year earlier -- the fastest year-over-year price growth since May 2023. "Core" prices, excluding food and energy, were up 0.4 percent month/month and 2.8 percent year/year. Data: www.bls.gov/news.release... #NumbersDay

822h ago

Ben Casselman23

Energy prices rose 3.8 percent in April and were up 17.9 percent from a year earlier.

Richard Levine2

But let’s have the Fed lower interest rates because we really need to goose that inflation rate, right?

Mohamed A. El-Erian

@elerianm.bsky.social

The US CPI numbers are out, and they’re slightly hotter than expected—arriving just as the Federal Reserve prepares for the imminent changing of the guard, with Kevin Warsh set to replace Jerome Powell as Chair Driven by a 0.6% monthly spike in April,annual headline inflation rose to 3.8% (beating..

331h ago

Michelangelo Signorile

@msignorile.bsky.social

Trump just goes from one vehicle to drive inflation up to another. A true genius! “The Consumer Price Index rose 3.8% in April from a year earlier as higher energy costs replaced tariffs as the driver of higher prices for Americans.”

221h ago

Dovewoman 💙 🇺🇦 💙

@dovewoman.bsky.social

2026 Inflation New CPI report showed annual inflation sped up to 3.8% in April, highest rate since 2023. Energy prices increased 17.9% & gas prices increased 28.4% year over year. The spike is hitting workers' wallets & outpaces wage growth. l.smartnews.com/p-7I0CWn5L/i...

121h ago

Bill McBride

@calculatedrisk.bsky.social

"CPI increased 0.6 percent on a seasonally adjusted basis in April ... Core CPI rose 0.4 percent in April. CPI rose 3.8 percent for the 12 months ending April... Core CPI rose 2.8 percent over the year." This was above the consensus forecast. www.bls.gov/news.release...

121h ago

Sean Brodrick

@seanbrodrick.bsky.social

Not only did April CPI (headline inflation) come in at 3.8%, higher than expected, it's the highest since May 2023. Core inflation (which excludes food and energy) came in at 2.8%, the highest in a year. Energy up a staggering +17.9% #EconSky

41h ago

Joe Brusuelas

@joebrusuelas.bsky.social

Looking forward to appearing on @YahooFinance at 8:30 AM ET to discuss the US April Consumer Price Index and that move higher along the yield curve. #Econ #EconSky

62h ago

Frank Amari

@frankamari.bsky.social

Announced this morning. (Trump assures us that inflation has been defeated.) Consumer prices rose 3.8% annually in April, more than expected www.cnbc.com/2026/05/12/c...

31h ago

Michael Bitzer

@bowtiepolitics.bsky.social

Inflation Soared to 3.8% in April, Driven by Gasoline Prices www.wsj.com/economy/cpi-...

11h ago

FinTwitter

@fintwitter.bsky.social

*US APRIL CONSUMER PRICES RISE 0.6% M/M; EST. +0.6% *US APRIL CONSUMER PRICES RISE 3.8% Y/Y; EST. +3.7% *US APRIL CORE CPI RISES 0.4% M/M; EST. +0.3% *US APRIL CORE CPI RISES 2.8% Y/Y; EST. +2.7%

2h ago

Ian Moody

@ianmoody.bsky.social

Inflation expected to jump to a 3-year high as Iran war continues to fuel rising prices. Economists predict the Consumer Price Index will have risen to 3.8% in April, up another 0.6% from March. www.theguardian.com/business/liv...

11h ago

AmerEcona

@amerecona.bsky.social

CPI (APRIL) MOM: +0.6% YOY: +3.8% CORE CPI (APRIL) MOM: +0.4% YOY: +2.8% www.bls.gov/news.rel...

12h ago

Ray Douglas

@raydouglas.bsky.social

🇺🇸 US inflation hit 3.8% in April -- a three-year high and a touch above the 3.7% economists expected Pump prices did the damage: gasoline up 28.4% year-on-year as the Middle East conflict keeps crude elevated Core CPI rose more modestly, to 2.8% FT → www.ft.com/content/ce60...

Line chart of annual % change in US CPI, 2023-2026. Falls from 6%+ to ~2.3%, then spikes to 3.8% in April 2026

31h ago

1 source

nbcnews.comInflation expected to jump to a 3-year high as Iran war continues to fuel rising prices

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