The U.S. Import Price Index rose 4.2% year-over-year in April 2026, according to data updated on 14 May 2026, marking a sharp acceleration from the 2.1% annual increase recorded in March 2026. The figure reflects the change in import prices in April compared with the same month a year earlier.
The latest reading means that import price pressures have effectively doubled in annual terms within a single month’s comparison, highlighting a notable pickup in the cost of goods purchased from abroad. The previous indicator for March was also measured on a year-over-year basis, comparing prices in that month to March a year earlier, while the current figure does the same for April.
