US Consumer Prices Gain 0.1%

Consumer prices moved slightly higher in March, rising 0.1 percent on increases in energy and food items. Core inflation which excludes energy and food, remained unchanged for the reporting period.

Over the past 12 months, core inflation is up by just 1.1 percent, the best 12-month showing since a similar 1.1 percent rise for the 12 months ending in January 2004. That slow rise in core prices has not been lower in more than four decades.

Source: Associated Press

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