Inflation rises
Digest more
Inflation accelerated in April to an annual rate of 3.8%, the highest since May 2023, as the Iran war pushed up energy costs and raised prices across the economy. Economists predicted inflation would jump to 3.7% on an annual basis, up from the 3.3% ...
US CPI inflation surged to 3.8% in April 2026, the highest since May 2023, as energy and food costs spiked. Bitcoin held steady near $81K amid the turmoil.
Inflation surged to its highest level in nearly three years in April as the headline Consumer Price Index reached 3.8% year-over-year. This marks a sharp acceleration from March's 3.3% reading, and came in slightly above the 3.7% consensus forecast.
The consumer price index was expected to increase by 3.7% annually in April, according to the Dow Jones consensus.
Don't miss our daily roundup. Stay informed with a handpicked selection of the day's top AOL stories, delivered to your inbox. Thanks for signing up. Thank you for signing up. You will receive a confirmation email shortly. Stay informed with a handpicked ...