On a monthly basis, the CPI rose 0.5%, versus economists' forecast for a 0.3% increase, according to FactSet. That's the biggest monthly jump since August 2023. It may be due to price increases set at the start of the year by many businesses, noted Bright MLS chief economist Lisa Sturtevant in an email.

Why Are Eggs So Expensive? The latest CPI report reveals how inflation, bird flu, and shortages are driving record-high egg prices—and how consumers are adapting.

Americans are continuing to pay more for groceries, gas and the like. Here’s what prices jumped the most in the last month.