Huo Xing Finance reports that, according to data from the U.S. Bureau of Labor Statistics on May 12, the seasonally adjusted monthly increase in U.S. energy inflation in April was 3.8%, compared to 10.9% in March. Among this, energy commodities inflation rose 5.6% month-over-month, down from 21.3%; gasoline inflation increased 5.4% month-over-month, down from 21.2%; and fuel oil inflation rose 5.8% month-over-month, down from 30.7%. The year-over-year unadjusted energy inflation in April was 17.9%, compared to 12.5% in March; among this, energy commodities inflation rose 29.2% year-over-year, gasoline inflation increased 28.4% year-over-year, and fuel oil inflation rose 54.3% year-over-year. (Jinshi)
U.S. April energy inflation remains high, with 17.9% year-over-year growth.
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Summary
U.S. inflation data for April shows energy prices rose 17.9% year-over-year, up from 12.5% in March. Adjusted month-over-month energy inflation increased 3.8%, down from 10.9%. Energy commodity prices rose 5.6% (vs. 21.3%), gasoline increased 5.4% (vs. 21.2%), and fuel oil rose 5.8% (vs. 30.7%). The data underscores continued pressure in the energy sector, with mixed momentum in ecosystem growth across related markets.
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