May 2019
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. The gasoline index continued to increase, rising 5.7 percent and accounting for over two-thirds of the increase.
The all items index increased 2.0 percent for the 12 months ending April, the largest 12-month increase since the period ending November 2018.