U.S. April energy inflation remains high, with 17.9% year-over-year growth.

iconKuCoinFlash
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
AI summary iconSummary

expand icon
U.S. inflation data for April shows energy prices rose 3.8% month-over-month, down from 10.9% in March. Energy commodity prices increased 5.6% (down from 21.3%), gasoline rose 5.4% (from 21.2%), and fuel oil climbed 5.8% (from 30.7%). Year-over-year, energy inflation reached 17.9%, up from 12.5% in March, with gasoline up 28.4% and fuel oil up 54.3%. The data underscores ongoing pressure on the energy ecosystem.

Odaily Planet Daily report: According to data from the U.S. Bureau of Labor Statistics, seasonally adjusted energy inflation in the U.S. rose 3.8% month-over-month in April, compared to a 10.9% increase in March; among these, energy commodities inflation rose 5.6% month-over-month, down from 21.3%, gasoline inflation rose 5.4% month-over-month, down from 21.2%, and fuel oil inflation rose 5.8% month-over-month, down from 30.7%. Non-seasonally adjusted year-over-year energy inflation in April was 17.9%, compared to 12.5% in March; among these, energy commodities inflation increased 29.2% year-over-year, gasoline inflation rose 28.4% year-over-year, and fuel oil inflation rose 54.3% year-over-year. (Jin10)

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.