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April CPI Data Out Today: Will surging oil prices push US inflation higher?

Posted on May 12, 2026
By Financial Express
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1 min read

April CPI Data Out Today: Will surging oil prices push US inflation higher?

US CPI data for April 2026 is out today, and with oil prices still 40% above pre-war levels, another sharp inflation spike is expected after March's 3.3% annual reading.