Consumer inflation in April rose 0.6%, led by 3.9% surge in energy price index

On a seasonally adjusted basis, the CPI-U advanced 0.6 percent in April, following a 0.4 percent rise in March, the U.S. Department of Labor reported today. Energy costs advanced 3.9 percent in April after 1.3 percent increase in March. Within energy, the index for petroleum based energy increased 8.5 percent, while the index for energy services fell 1.5 percent.

The index for all items less food and energy rose 0.3 percent in April, the same as in March
The index for shelter accounted for about one-half of the increase
The indexes for apparel, for medical care, and for education and communication each accounted for about 10 percent of the April advance
During the first four months of 2006, the index rose at a 5.1 percent seasonally adjusted annual rate (SAAR).
The index for energy advanced at a 30.1 percent SAAR in the first four months of 2006 which rose 17.1 percent in 2005.

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