Inflation, Consumer prices
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The federal government’s producer price index can show when higher prices are coming soon to a retailer near you.
The CPI report was cooler than expected, although inflation is still higher than the Federal Reserve's 2% annual goal.
The Social Security cost-of-living adjustment (COLA) for 2026 is estimated to be lower than that of 2025, potentially making it the smallest increase since 2021. This
Prices for other foods declined in April. Inflation in the fresh fruits and vegetables group dropped by 0.7%, with lettuce and tomato prices both down by over 6%. Dried beans, peas and lentils, however, were up by nearly 6%, underscoring the volatile nature of food prices.
April’s consumer-price index report is the first to capture the aftermath of President Donald Trump’s ‘Liberation Day’ tariff announcements on April 2
as policymakers navigate the economic impact of a trade war with the United States. The consumer price index edged down 0.1% last month from a year earlier, matching a 0.1% drop in March, National Bureau of Statistics data showed on Saturday. That also ...
April’s inflation report could show tariffs’ effects, although some analysts say businesses are working through stockpiled inventory and are hesitant to raise prices yet.