Year-over-year, food prices rose 3.2 percent compared with a 3.6 percent gain in March. Prices for food purchased from stores were up 3.3 percent, following a 4 percent increase the previous month and prices for food purchased from restaurants rose 2.7 percent, following a 2.6 percent increase in March.
The shelter index was up 1.4 percent, following a 1.1 percent gain in March, mainly attributable to smaller year-over-year declines in the prices of natural gas (-12.8 percent from -17.4 percent in the previous month) and fuel oil (-19.3 percent from -25.8 percent). Electricity prices were up 6.5 percent, following a 7.5 percent increase the previous month.
The transportation index increased 0.9 percent, after declining 1 percent in March, as gasoline prices fell at a slower pace (-5.8 percent from -13.6 percent in March). On a year-over-year basis, the purchase of passenger vehicles index increased 4.6 percent, after posting a 3.2 percent gain in the previous month.
Overall energy prices declined 3.2 percent, following a 7.8 percent decrease in March.
The annual core inflation rate was recorded at 2.2 percent, up from 2.1 percent in March and higher than market expectations of 2 percent.
On a monthly basis, consumer prices rose 0.3 percent, easing from a 0.6 percent rise in the previous month, as a 0.5 percent drop in prices for food weighed on growth. Meanwhile, the gasoline index climbed 8.9 percent in April, its largest monthly rise since February 2015.