U.S. CPI inched up 0.8% for April 2021

May 12, 2021

The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.8% for April 2021, on a seasonally adjusted basis, according to U.S. Bureau of Labour Statistics (BLS). The all-items index rose 4.2% before seasonal adjustment over the last year.

The all-items less food and energy index climbed 0.9% in April. The index for used cars and trucks was the largest contributor with an increase of 10%. The indexes for shelter, airline fares, recreation and household furnishings and operations rose 0.4%, 10.2%, 0.9% and 0.9%, respectively in April. The indexes for motor vehicle insurance, car and truck rentals and new vehicles rose 2.5%, 16.2% and 0.5%, respectively in April. The indexes for communication and apparel rose 0.4% and 0.3%, respectively. The indexes for education, alcoholic beverages, personal care, and tobacco also increased over the month. The medical care index also climbed 0.1% in April.

The index for food rose 0.4% in April, while the index for food at home increased 0.4%. The index for fruits and vegetables increased 0.8% in April. The index for dairy and related products climbed 0.6% The index for meats, poultry, fish, and eggs rose 0.5% in April. The non-alcoholic beverages index increased 0.3% in April while the index for cereals and bakery products rose 0.4%. The food away from home index rose 0.3% while the index for other food at home rose 0.1% over the month.

The index for energy fell 0.1% in April. A 1.4% decline was recorded in the gasoline index. Meanwhile, the index for natural gas increased 2.4% and the electricity index rose 1.2% in April.


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