Wednesday - May 13, 2026
Consumer Price Index Surged to 3.81 Percent in April, Highest Rate in Nearly Three Years
May 13, 2026
WASHINGTON, May 13 -- Rep. David Schweikert, R-Arizona, chairman of the Joint Economic Committee, issued the following news on May 12, 2026:

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Consumer Price Index Surged to 3.81 Percent in April, Highest Rate in Nearly Three Years

Today, the Joint Economic Committee released its Monthly Inflation Update for April. The headline Consumer Price Index (CPI-U) jumped to 3.81 percent year over year in April, up from 3.26 in March. Core CPI, which excludes fo . . .

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