Consumer Prices Fall in October
Washington, DC, Nov. 20, 2013 -- The consumer price index fell 0.1% in October, driven by a 2.9% drop in the cost of gasoline, according to the Labor Department.
Overall, the government said, prices are continuing the slowest year-over-year rise since 2009.
The core inflation rate, which excludes food and energy prices, rose 0.1% in October.
Over the last year, core prices have risen 1.7%, while prices overall have climbed just 1% because of energy-price declines.