Saturday, April 16, 2011

Consumer Prices and Inflation

The Consumer Price Index increased 0.5% in March pushed up mostly by food and energy prices. The core index, excluding food and energy, increased only 0.1%.

Food costs increased 0.8 percent in March and gasoline rose 5.6 percent in March.

New York Times, April 16, 2011
U.S. Consumer Prices Up 0.5%, Pushed Mainly by Food and Gas