US consumer prices barely rise in March

US consumer prices edged higher in March and recent gains in core prices slowed sharply, according to official data Thursday that showed moderating inflation. The Labor Department's consumer price index rose 0.1 percent in March, led by a decline in food, while energy prices rose 0.9 percent. Year-over-year, overall CPI was up 0.9 percent, slowing a bit from the February 12-month rise of 1.0 percent.