business / news / / CNBC
Cost of imports rose by 1.9% for the month of April, and 4.2% on a 12-month basis.
U.S. consumer price index inflation reached 3.8%, its highest since May 2023.
KEY POINTS
- Producer price inflation surged to a 6% annual rate, the highest since late-2022.
- April U.S. import prices jumped 1.9%, marking the biggest annual gain since October 2022.
- U.S. budget surplus for April fell 17% from the same month in 2025, signaling fiscal strain.
- Internationally, German, Japanese, and UK government bond yields all spiked sharply alongside U.S. yields.
COMPANIES
Summarized by Newsio from CNBC. How we summarize →