Consumer Price Index: Inflation At 3.8% In April
Source: SeekingAlpha
2026-05-12 15:02:00 ET
By Jennifer Nash
Inflation surged to its highest level in nearly three years in April as the headline Consumer Price Index reached 3.8% year-over-year. This marks a sharp acceleration from March's 3.3% reading, and came in slightly above the 3.7% consensus forecast. On a monthly basis, consumer prices rose 0.6%, as expected. The spike was drive by widespread increases across several categories such as energy (+3.8%), shelter (+0.6%), and food (+0.5%)....
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Consumer Price Index: Inflation At 3.8% In April
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