CPI for all items rises 0.6% in April; shelter and gasoline up

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The U.S. Bureau of Labor Statistics reported that the CPI-U rose 0.6 percent in April 2026 on a seasonally adjusted basis, after rising 0.9 percent in March, with the all items index up 3.8 percent over the 12 months ending in April. The Bureau attributed the monthly increase largely to energy, which rose 3.8 percent and accounted for over forty percent of the monthly all items increase, while shelter rose 0.6 percent, food rose 0.5 percent, and the index for all items less food and energy rose 0.4 percent. The Bureau also noted that gasoline rose 5.4 percent in April (11.1 percent unadjusted), and that indexes such as household furnishings and operations, airline fares, personal care, apparel, and education increased, while new vehicles, communication, and medical care decreased. Effective with this release, the Bureau rebased several CPI series to December 2024 = 100, and it scheduled the next CPI release for June 10, 2026.

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