Compared to March, the seasonally-adjusted Consumer Price Index (CPI) rose 0.2%, less than the 0.3% rise analysts expected. The annual inflation CPI rate was 2.3%—the smallest 12-month rise since February of 2021.

"Core" inflation, which excludes the volatile food and energy components, rose 0.2% from March and 2.8% over the past 12 months. The cost of energy increased 0.7% from the previous month, while the price of food fell 0.1%. The energy index decreased 3.7% percent for the 12 months ending April. The food index increased 2.8% over the last year.

The index for shelter rose 0.3% in April, accounting for more than half of the all-items monthly increase. Over the previous 12 months, the cost of shelter increased 4.0%.

In contrast, the price of gasoline dipped 0.1% for the month and 11.8% over the previous 12 months. Likewise, the fuel oil index declined 1.3% month-to-month and 9.6% on an annual basis. Subscribe for free to Breaking Christian News here

The positive inflation report belies the doomsday predictions that President Donald Trump's reciprocal tariffs on countries that charge the US onerous rates would immediately cause inflation to spike. As Fox Business reports:

"Economists noted that the price impact of most tariffs doesn't appear to have translated into the inflation data yet through the April reporting period.

"'There isn't a lot of evidence of tariffs boosting the CPI in April, but this shouldn't be surprising as it takes time,' said Ryan Sweet, chief US economist at Oxford Economics."

Click Here and scroll down to view the chart.

To receive daily emails from Breaking Christian News to your inbox CLICK HERE

President Trump Posts a Couple Christian, Prophetic Videos on His Truth Social Account

Mount Rushmore's Independence Day Fireworks Are Back

Young Families Flock to Red States as Blue States Lose Children, Data Shows

Study: Trans Shooters Commit 'Disproportionate Shares of Mass Public and Active Shooting Attacks'

Karoline Leavitt Busts Democrats' 'Huge Myth' that SAVE America Act Hurts Married Women's Ability to Vote [Video]

Daycares Under Microscope as Prosecutors Stamp Out Fraud after Minnesota Firestorm

The Fate of Iran's National Women's Football Team Took a Deceptive Turn at the Last Minute; What Will Happen to Them?

US Strikes 16 Iranian Mine-Laying Boats Near Strait of Hormuz: Pentagon [Video]

ICE Houston Announces Arrests of over 400 Illegal Immigrants Charged With or Convicted of Child Sex Offenses in 2025

4 Ways Christians Can Pray for the Situation in Iran

New Media Network Combats Anti-American Spin by Featuring Veterans, Law Enforcement

South Dakota Supreme Court Rules 'Transgender' Individuals Can't Change Birth Certificates

Evil: Oregon Democrats Block Bill Requiring Medical Care for Babies Born Alive after Abortions

Oil Prices Dip as Trump Says Iran Conflict Is 'Ahead of Schedule'

3-Hour Airport Security Lines, TSA Working Without Pay during Democrat Gov Shutdown

Democrats Slammed for Shutting Down DHS amid Terrorism Threats

Nation on High Alert after NYC Attack, as Suspects Aligned with Islamic State; Meanwhile Dems Continue Shutdown of Homeland Security

Evangelical Leaders Return to Oval Office to Pray over Trump

Terrorists Transformed into Evangelists: YWAM Reports Powerful Stories of Redemption in Nigeria

Jesse Jackson's Democrat Son CALLS OUT Obama, Biden, and Clinton for Politicizing His Father's Funeral: They 'Do Not Know Jesse Jackson'