US core consumer prices, which exclude volatile items such as food and energy, edged up 0.1 percent in April 2019, the same pace as in the previous month and slightly below market consensus of 0.2 percent. The indexes for shelter, medical care, education, and new vehicles all rose in April. The indexes for used cars and trucks, apparel, and household furnishings and operations were among those that declined over the month. Core Consumer Prices in the United States averaged 125.65 Index Points from 1957 until 2019, reaching an all time high of 261.74 Index Points in April of 2019 and a record low of 28.50 Index Points in January of 1957.
Core Consumer Prices in the United States is expected to be 262.73 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Core Consumer Prices in the United States to stand at 266.86 in 12 months time. In the long-term, the United States Core Consumer Prices is projected to trend around 276.00 Index Points in 2020, according to our econometric models.