Friday, April 13, 2012

Consumer Prices Rose 0.3% in March

The Consumer Price Index rose 0.3% in March, moderating from February’s 0.4% growth on slower energy price growth. Although overall prices rose at a slower rate in March, core prices appreciated at a more rapid pace of 0.2%, up from 0.1% in February. Prices now stand at 2.6% above year-ago levels.

Energy prices continued to rise in March, rising 0.9%, albeit at a slower pace than February’s 3.9%. Core prices appreciated at a faster rate in March, with both goods and services prices rising 0.2%, up from 0.1% the previous month. Goods prices now stand at 2.1% above year-ago levels, with services prices rising 2.3% over the same period.

Read the report.

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