We just got 'a shocker' about US consumer prices
US consumer prices in March fell for the first time since February 2016, led by a decline in gas prices.
The consumer price index fell 0.3%, according to the Labor Department. Economists had forecast that the index was unchanged.
But excluding the volatile costs of food and energy, so-called core CPI fell 0.1%, the first decline since January 2010."The drop in the core rate was a shocker, however, given how rarely it occurs (even in recessions) and given the modest upward trend in inflation in r
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