Financial News: U.S. Consumer Prices Increase In Line With Estimates

U.S. Consumer Prices Increase In Line With Estimates In April

05/12/2026 - 08:39:00 (RTTNews)

(RTTNews) - With energy prices surging, the Labor Department released a report on Tuesday showing consumer prices in the U.S. increased in line with economist estimates in the month of April.

The Labor Department said its consumer price index climbed by 0.6 percent in April after advancing by 0.9 percent in March. The growth matched expectations.

The report also said the annual rate of growth by consumer prices accelerated to 3.8 percent in April from 3.3 percent in March, which was also in line with estimates.

Excluding food and energy prices, the core consumer price index rose by 0.4 percent in April after inching up by 0.2 percent in March. Economists had expected core prices to increase by 0.3 percent.

The annual rate of growth by core consumer prices accelerated to 2.8 percent in April from 2.6 percent in March, coming in slightly above estimates for a 2.7 percent jump.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

U.S. Consumer Sentiment Rebounds From Record Low In June (04 hr(s), 31 min(s), 29 sec(s) ago)
(RTTNews) - With consumers experiencing some relief due to the early-month easing in gasoline pric ...Full Story»

Brent Crude Oil Prices May Climb 36% In 2026 On Middle East Conflict: World Bank (05 hr(s), 21 min(s), 29 sec(s) ago)
(RTTNews) - The persisting conflict in the Middle East and the closure of the Strait of Hormuz are ...Full Story»

India Inflation Climbs To 3.93% In May (06 hr(s), 49 min(s), 29 sec(s) ago)
(RTTNews) - India's consumer price inflation accelerated further in May to the highest level i ...Full Story»

U.K. Economy Shrinks For First Time Since August (07 hr(s), 31 min(s), 29 sec(s) ago)
(RTTNews) - The U.K. economy contracted for the first time since August last year as the U.S.-Iran ...Full Story»

Hong Kong Industrial Output Growth Slows In Q1 (08 hr(s), 45 min(s), 29 sec(s) ago)
(RTTNews) - Hong Kong's industrial production expanded at a slower pace in the first quarter o ...Full Story»

Spain Inflation Stable At 3.2% (08 hr(s), 58 min(s), 29 sec(s) ago)
(RTTNews) - Spain's consumer prices logged a steady increase in May, final data from the stati ...Full Story»

Croatia Producer Price Inflation Eases To 6.7% (09 hr(s), 07 min(s), 29 sec(s) ago)
(RTTNews) - Croatia's producer price inflation slowed slightly in May from a 31-month high in ...Full Story»

Turkey Current Account Deficit Narrows In April (09 hr(s), 20 min(s), 29 sec(s) ago)
(RTTNews) - Turkey's current account surplus decreased in April from a year ago, according to ...Full Story»