The U.S. Consumer Price Index (CPI) for April recorded an annual increase of 3.8%, marking the highest level since May 2023 and exceeding market expectations of 3.7%. Additionally, the core CPI, which excludes food and energy prices, rose by 2.8% year-over-year, the highest since September 2025, surpassing the anticipated 2.7%. On a monthly basis, the seasonally adjusted core CPI increased by 0.4%, the highest since January 2025, and above the forecasted 0.3%. These figures indicate a stronger-than-expected inflationary trend in the U.S. economy.