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US April CPI Rises 3.8% YoY, Highest Since May 2023; Real Wages Fall

2026-05-12 19:51:35

The U.S. Consumer Price Index rose 0.6% month-over-month in April, matching expectations, with annual inflation reaching 3.8%, the highest level since May 2023. Core CPI increased 0.4% monthly, slightly above forecasts, and 2.8% annually, marking the highest reading since September 2025. Real average hourly wages declined 0.3% year-over-year, marking the first time in three years that inflation growth has outpaced wage increases. Inflation pressures were broad-based, particularly in energy and food sectors.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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U.S. Core CPI Rises to 2.8% in April, Exceeding 2.7% Forecast

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