Jamie Pentagulio

The Bureau of Labor Statistics (BLS) released April 2024 Consumer Price Index (CPI) today. Highlights are as follows (all indexes are on a seasonally unadjusted basis):

All items increased 0.4% in the last month and increased 3.4% in the last twelve months
Food at home rose 0.2% from March and increased 2.2% since April 2023
Cereals + bakery products increased 0.3% in the last month and increased 0.6% in the last twelve months
Meats, poultry, fish + eggs increased 0.8% since March and rose 1.3% from April 2023
Dairy + related products fell 0.4% in the last month and decreased 1.9% in the last twelve months
Fruits + vegetables decreased 0.3% from March and rose 2.0% since April 2023
Other foods increased 0.3% in the last month and rose 0.7% in the last twelve months
Gasoline (all types) rose 5.2% since March and increased 1.2% from April 2023
All items, less food and energy, rose 0.3% in the last month and increased 3.6% in the last twelve months
Apparel fell 0.1% from March and increased 1.3% since April 2023
New vehicles saw no change in the last month and decreased 0.4% in the last twelve months
Used cars + trucks decreased 0.4% since March and fell 6.9% from April 2023
Motor vehicle parts + equipment decreased 0.1% in the last month and fell 1.5% in the last twelve months
Medical care commodities rose 0.4% from March and increased 2.5% since April 2023
Alcoholic beverages increased 0.1% in the last month and rose 2.0% in the last twelve months
Tobacco + smoking products saw no change since March and increased 6.7% from April 2023
Personal care products fell 0.2% in the last month and rose 2.6% in the last twelve months

BLS CPI Historical Annual Inflation Rate Averages Through April 2024 Table For Selected Categories

BLS CPI CodeBLS CPI Category Description1MYTD1 YR 4/243Y 4/245 YR 4/2410 YR 4/2420Y 4/24
SAFFOOD & BEVERAGES0.2%1.0%2.2%6.2%4.8%3.1%2.9%
SAF11Food at home0.1%0.9%1.1%6.3%4.8%2.5%2.6%
SAF114Nonalcoholic beverages & beverage materials-0.3%2.2%2.3%7.1%5.3%2.9%2.3%
SEFNJuices & nonalcoholic drinks-0.4%2.6%3.3%7.6%5.8%3.4%2.5%
SEFN01Carbonated drinks0.4%4.1%4.1%8.4%6.4%3.8%3.1%
SEFN03Nonfrozen noncarbonated juices & drinks-1.2%1.2%2.0%6.8%5.3%3.0%2.0%
SEFPBeverage materials including coffee & tea0.0%1.3%-0.1%6.0%3.9%1.8%1.9%
SEFP02Other beverage materials including tea1.0%2.3%3.2%6.1%4.2%2.2%1.8%
SAF115Other food at home0.4%1.1%1.4%7.5%5.3%2.9%2.6%
SEFT06Other miscellaneous foods0.8%0.5%1.4%7.4%5.2%2.8%2.2%
SEFWAlcoholic beverages at home0.0%1.1%1.6%2.7%2.3%1.5%1.5%
SEFW01Beer, ale & other malt beverages at home0.5%1.8%3.0%4.7%3.7%2.5%2.3%
SEFW02Distilled spirits at home-1.0%0.2%0.8%1.3%1.4%0.9%0.9%
SEFW03Wine at home0.1%1.2%0.8%1.6%1.3%0.9%0.9%
SEHEFUEL OIL & OTHER FUELS-1.4%-0.7%-0.5%10.2%5.6%0.9%4.8%
SAH3HOUSEHOLD FURNISHINGS & OPERATIONS-0.6%0.4%-1.7%4.4%3.6%1.8%0.8%
SAM1MEDICAL CARE COMMODITIES0.4%0.1%2.5%2.9%1.5%1.9%2.1%
SEMFMedicinal drugs0.5%0.2%2.6%2.7%1.5%1.9%
SEMF01Prescription drugs0.2%-0.4%0.4%1.7%0.8%2.0%8.4%
SEMF02Nonprescription drugs1.1%1.2%7.7%5.4%3.0%1.3%
SEMGMedical equipment and supplies-0.4%-1.0%1.5%5.1%1.6%0.9%
SEEAEDUCATIONAL BOOKS & SUPPLIES1.7%0.6%2.6%0.6%0.3%1.4%3.5%
SEGATOBACCO & SMOKING PRODUCTS0.0%1.5%6.7%6.8%6.4%5.4%6.0%
SEGBPERSONAL CARE PRODUCTS-0.2%1.5%6.7%3.8%2.2%0.9%0.7%
SEGEMISCELLANEOUS PERSONAL GOODS0.0%0.1%8.7%4.4%3.3%0.3%-0.1%
SAGOTHER GOODS AND SERVICES0.5%1.8%6.1%5.5%4.4%3.2%3.1%
SEREOther recreational goods-0.1%-1.2%1.6%-1.2%-1.5%-4.1%-4.0%
SERGRecreational reading materials-0.4%0.8%-0.1%1.4%2.7%1.9%1.8%
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