Consumer Prices Rose 3.8% Annually in April

Tuesday, May 12, 2026

CNBC: Prices that consumers pay for a wide range of goods and services increased at a faster-than-expected pace in April, as another burst in energy prices raised further concerns about inflation's impact on the U.S. economy.

Posted by qcp at 12:06 PM | 10 COMMENTS | permalink | Comment on This Entry |

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"Inflation is the key drag on the U.S. economy now," said Heather Long, chief economist at Navy Federal Credit Union. "This is hurting Americans. There is a real financial squeeze underway. For the first time in three years, inflation is eating up all wage gains. This is a setback for middle-class and lower-income households and they know it."

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More: The consumer price index rose at a seasonally adjusted 0.6% for the month, putting the one-year pace at 3.8%, the Bureau of Labor Statistics reported Tuesday. The monthly rate was as forecast, but the annual rate was 0.1 percentage point above the Dow Jones consensus.

Excluding food and energy, core CPI increased 0.4% and 2.8% respectively, keeping inflation well above the Federal Reserve's 2% goal.

The annual headline inflation rate was the highest since May 2023 and was up half a percentage point from March. Core inflation rose 0.2 percentage point annually.

#1 | Posted by qcp at 2026-05-12 09:08 AM | Reply | Newsworthy 1

Kevin Warsh starts ad Fed chair in about a month. Fifteen minutes into his new job Der Dotard will start screaming about lower interest rates, and not long after the accusations of Warsh being 'disloyal' to the president will start. Rates will not fall anytime soon, for reasons that Der Dotard will never understand, and Chair Warsh will regret his seeking his job until January, 2029...

#2 | Posted by catdog at 2026-05-12 12:18 PM | Reply

gasoline prices are up 44% nationally from a year ago, diesel up 61%.

x.com

Pedo 47 did that.

#3 | Posted by reinheitsgebot at 2026-05-12 12:36 PM | Reply

3.8% ?

With thanks to James Comey.

#4 | Posted by A_Friend at 2026-05-12 12:46 PM | Reply

#3, How many hundreds of percent is that in Trump math?

#5 | Posted by qcp at 2026-05-12 12:53 PM | Reply

#5 My Trump Calculator is due any day now. :-)

#6 | Posted by A_Friend at 2026-05-12 12:55 PM | Reply

#5 My Orange Chomo calculator says that percent is "Winning", when asked again it says "-60000%"

#7 | Posted by Nixon at 2026-05-12 02:10 PM | Reply

Did Donald say delivery would take 2 weeks?

#8 | Posted by Whatsleft at 2026-05-12 02:11 PM | Reply

All you idiots that voted for the orange chomo to:

- End the war in Gaza
- End the war in Ukraine
- Lower grocery prices
- Lower utilities
- Lower gas prices
- Cut spending
- Release all the Trumpstein files

Can you taste the stupid yet?

#9 | Posted by Nixon at 2026-05-12 02:13 PM | Reply

They are only tasting horse paste.

#10 | Posted by C0RI0LANUS at 2026-05-12 02:15 PM | Reply