Consumer Price Index Summary, April 2023

11 May 2023

The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.4 percent in April on a seasonally adjusted basis, after increasing 0.1 percent in March, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 4.9 percent before seasonal adjustment. The index for shelter was the largest contributor to the monthly all items increase, followed by increases in the index for used cars and trucks and the index for gasoline. The increase in the gasoline index more than offset declines in other energy component indexes, and the energy index rose 0.6 percent in April.The food index was unchanged in April, as it was in March. The index for all items less food and energy rose 0.4 percent in April, as it did in March. The energy index rose 0.6 percent in April after decreasing 3.5 percent in March. Other energy components declined, as the natural gas index decreased 4.9 percent over the month, the third consecutive decrease in that index. The index for electricity decreased 0.7 percent in April, as it did in March. The fuel oil index also declined in April, down 4.5 percent.

Source:  U.S Bureau Labor Statistics
Post by: Republic of Türkiye Ministry of Trade