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April CPI Spike Raises Pressure on Already-Stretched Consumers

By PYMNTS May 12, 2026 Bearish
April CPI Spike Raises Pressure on Already-Stretched Consumers
Inflation accelerated again in April, intensifying pressure on consumers who were already struggling to keep pace with rising costs for food, housing and healthcare. The latest Consumer Price Index report from the Bureau of Labor Statistics, released Tuesday (May 12), showed inflation rising 3.8% year over year in April, while prices increased 0.
Inflation accelerated again in April, intensifying pressure on consumers who were already struggling to keep pace with rising costs for food, housing and healthcare. The latest Consumer Price Index report from the Bureau of Labor Statistics, released Tuesday (May 12), showed inflation rising 3.8% year over year in April, while prices increased 0.