US inflation rises to highest level since September 2023

US inflation rose in April, driven by higher oil prices amid the US-Iran trade war, according to data from the Bureau of Labor Statistics.

 

The annual Consumer Price Index (CPI) climbed to its highest level since September 2023, fueled by a 17.9% increase in energy prices during April, with gasoline prices surging 28.4% year-on-year (YoY).

 

CPI – April 2026 (%)

Index

Forecasts

March

April

Change

Annual Core CPI

2.7

2.6

2.8

+0.2

Monthly Core CPI

0.3

0.2

0.4

+0.2

Annual Headline CPI

3.7

3.3

3.8

+0.5

Monthly Headline CPI

0.6

0.9

0.6

(0.3)
 

Importance: This data could push the Federal Reserve to hold interest rates high for a longer period, given the repercussions of the war and rising energy prices, which could increase pressure on the US economy.

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Join Us

Argaam.com Copyright © 2026, Argaam Investment, All Rights Reserved
Call Request