Here's the Breakdown for April CPI, in One Chart

CPI in the United States decreased to 3.40 percent in April from 3.50 percent in March of 2024. Core consumer prices in the US increased 3.60 percent in April of 2024 over the same month in the previous year, down from 3.80% in March.

Food costs were up 2.2% compared with one year ago, consistent with last month.

Energy costs increased by 2.6% YoY, after increasing by 2.1% YoY in March. Energy prices increased by 1.1% on a MoM base.

Used cars and trucks prices decreased by 6.9% YoY, after decreasing by 2.2% in March.

Shelter costs were up 5.5% compared with one year ago, after increasing by 5.7% YoY last month.