Inflation Hits Four Year Low in April, Eggs Fell 12.7% From March
Remember to take these reports with a grain of salt. Tariffs also just went into effect.
However:
Overall consumer prices increased 2.3% from a year earlier, down from 2.4% rise the previous month, according to the Labor Department’s consumer price index, a measure of average changes in goods and services costs.That’s the lowest annual increase since February 2021 but still leaves inflation moderately above the Federal Reserve’s 2% goal.On a monthly basis, costs rose 0.2% after dipping 0.1% in March.Prices for groceries, including eggs, used cars and airfares all fell sharply, while medical services and auto insurance and repairs continued to drift higher.
Again, I’m not going to get all fancy. The numbers speak for themselves.
Here are last month’s numbers: CPI Shows 12 Month Inflation Rate at 2.4%; Lowest Core in 4 Years
I copied and pasted the items from last month but updated the numbers. If you guys would like me to dig out any other items, let me know. I picked the ones that are the most pressing for us with families.
The numbers for March 2025 to April 2025 and April 2024 to April 2025:
- Energy decreased 3.7% overall in the past 12 months
- Food increased by over 2,8% in the past 12 months
- All items without food & energy increased 1.0% in the past 12 months
Food:
- Meats, poultry, fish, and eggs: -2.9% in a month, +7% in 12 months
- Meats (all): -0.2% in a month, +4.4% in 12 months
- Ground beef: 0.0% in a month, +10% in 12 months
- Fresh & frozen chicken parts: +0.3% in a month, +2.8% in 12 months
- Eggs: -12.7% in a month, +49.3% in 12 months
- Fruits & veggies: -0.2% in a month, -0.7% in 12 months
- Bananas: +1.2% in a month, 0.0% in 12 months
- Butter: +0.3% in a month, +1.5% in 12 months
- Flour: +0.1% in a month, +0.6% in 12 months
- Sugar: +0.6% in a month, +1.7% in 12 months
- Bread: +1.6% in a month, +1.9% in 12 months
- Milk: +0.7% in a month, +3.9% in 12 months
- Coffee: +2.4% in a month, +9.6% in 12 months
- Pop: -0.1% in a month, +0.7% in 12 months
Energy:
- Gasoline (all types): -0.1% in a month, -11.8% in 12 months
- Gasoline (regular): +0.2% in a month, -12.3% in 12 months
- Electricity: +0.8% in a month, +3.6% in 12 months
- Utility (piped) gas service: +3.7% in a month, 15.4% in 12 months
Medicine:
- Prescription drugs: +0.4% in a month, +2.3% in 12 months
- Nonprescription drugs: +0.3% in a month, -1.1% in 12 months
- Health insurance: +0.4% in a month, +3.3% in 12 months
Shelter:
- Shelter (overall): +0.3% in a month, +4.0% in 12 months
- Rent of primary residence: +0.3% in a month, +4.0% in 12 months
- Owners’ equivalent rent of primary residence: -0.1% in a month, -1.4% in 12 months
- Lodging away from home: +0.4% in a month, +4.3%% in 12 months
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