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Watch US Economy: Inflation Driven Higher in April by Gasoline, Food - Bloomberg

Bloomberg·Bloomberg·21 days ago
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May 12th, 2026

US Inflation Driven Higher in April by Gasoline, Food

US inflation accelerated in April amid an ongoing climb in gasoline prices and a jump in the cost of groceries. The consumer price index rose 3.8% from a year earlier, the fastest pace since 2023, while the core CPI, which excludes food and energy, increased 0.4% from a month earlier and 2.8% from a year earlier. Michael McKee breaks down the numbers on Bloomberg Television.

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