Friday, May 10, 2019

BLS: CPI increase 0.3% in April, Core CPI increased 0.1%

by Calculated Risk on 5/10/2019 08:37:00 AM

From the BLS:

The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.3 percent in April on a seasonally adjusted basis after rising 0.4 percent in March, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 2.0 percent before seasonal adjustment.
...
The index for all items less food and energy increased 0.1 percent for the third consecutive month.
...
The all items index increased 2.0 percent for the 12 months ending April, the largest 12-month increase since the period ending November 2018. The index for all items less food and energy rose 2.1 percent over the last 12 months, and the food index rose 1.8 percent.
emphasis added
I'll post a graph later today after the Cleveland Fed releases the median and trimmed-mean CPI.