BLS Releases April 2018 Consumer Price Index (May 2018)
According to the Bureau of Labor Statistics, the Consumer Price Index for all urban consumers (CPI-U) increased 0.2 percent in April of 2018 on a seasonally-adjusted basis. An increase in the indexes for gasoline and shelter were the main contributor to the monthly increase.
Excluding the volatile costs of food and energy, the index for all items less food and energy rose by 0.1 percent in April. The indexes for household furnishings and operations, personal care, tobacco, medical care, and apparel all increased in April.
The all items index has risen 2.5 percent over the last 12 months ending in April, a figure which has been trending upward since June 2017.
The full press release can be found via the link below.
Next release is Thursday, June 12, 2018, for the May 2018 Consumer Price Index.