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Consumer Price Index, April 2019
The Consumer Price Index (CPI) rose 2.0% on a year-over-year basis in April, following a 1.9% increase in March. The gasoline index decreased 1.6% year over year, following a 4.4% decline in March, while prices increased 10.0% month over month. Excluding gasoline, the CPI rose 2.3% year over year. Seven of the eight major components were up year over year in April, with shelter prices (+2.7%) contributing most to the increase in the CPI. The household operations, furnishings and equipment index fell 0.1% in the 12 months to April. Chart 2 Chart 2: Consumer prices increase in seven of eight major components Consumer ... (full story)