Banking

Consumer rates increase in April

The Consumer Price Index increased 0.3% in April on a seasonally changed basis, according to the U.S. Bureau of Labor Statistics. Over the last 12 months, the all products index increased 8.3%.

Prices for all products less food and energy, the “core CPI,” increased 0.6% in April, following a 0.3% boost in March.

The food index increased 0.9% in April, after increasing 1.0% in March. The index for food in your home increased 1.0% over the month, after increasing 1.5% in March. In April, the boost was credited to the index for dairy and associated items, which increased 2.5% over the month. The food far from house index increased, increasing 0.6%. The food index increased 9.4% over the last 12 months.

The energy index reduced 2.7% in April after increasing 11.0% in March.

Read the BLS release.

Gabriel

A news media journalist always on the go, I've been published in major publications including VICE, The Atlantic, and TIME.

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