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CPI for all items rises 0.3% in April; shelter and gasoline up
 
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05/15/2024

 

In April, the Consumer Price Index for All Urban Consumers increased 0.3 percent, seasonally adjusted, and rose 3.4 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy increased 0.3 percent in April (SA); up 3.6 percent over the year (NSA).

 

Consumer Price Index Summary 

Transmission of material in this release is embargoed until                                        
8:30 a.m. (ET) Wednesday, May 15, 2024         USDL-24-0944
	
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Media contact:         (202) 691-5902  *  PressOffice@bls.gov 

CONSUMER PRICE INDEX - APRIL 2024

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 3.4 percent before seasonal adjustment.

The index for shelter rose in April, as did the index for gasoline. Combined, these two indexes
contributed over seventy percent of the monthly increase in the index for all items. The energy index
rose 1.1 percent over the month. The food index was unchanged in April. The food at home index declined
0.2 percent, while the food away from home index rose 0.3 percent over the month.

The index for all items less food and energy rose 0.3 percent in April, after rising 0.4 percent in each
of the 3 preceding months. Indexes which increased in April include shelter, motor vehicle insurance,
medical care, apparel, and personal care. The indexes for used cars and trucks, household furnishings
and operations, and new vehicles were among those that decreased over the month.

The all items index rose 3.4 percent for the 12 months ending April, a smaller increase than the
3.5-percent increase for the 12 months ending March. The all items less food and energy index rose 3.6
percent over the last 12 months. The energy index increased 2.6 percent for the 12 months ending April.
The food index increased 2.2 percent over the last year.