U.S. energy inflation rose 17.9% year-over-year in April.

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U.S. inflation data for energy prices showed a 3.8% monthly increase in April, down from 10.9% in March. Energy commodity prices rose 5.6% month-over-month, while gasoline and fuel oil increased by 5.4% and 5.8%, respectively. Year-over-year, energy inflation reached 17.9%, up from 12.5% in March. On-chain news platforms such as BlockBeats highlight the ongoing volatility in energy markets.

BlockBeats report: On May 12, data from the U.S. Bureau of Labor Statistics showed that seasonally adjusted U.S. energy inflation rose 3.8% month-over-month in April, compared to a 10.9% increase in March. Among this, 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%.


In April, year-over-year energy inflation, unadjusted for seasonal factors, rose 17.9%, compared to 12.5% in March; among this, energy commodities inflation increased 29.2% year-over-year, gasoline inflation rose 28.4%, and fuel oil inflation surged 54.3%. (Jinshi)

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