Consumer Inflation Remains Low
Washington, DC, April 15, 2011 -- Consumer inflation generally remained subdued last month despite higher prices for food, gasoline and rent.
The Labor Department says the Consumer Price Index rose 0.5% in March, matching February's increase.
In the past 12 months, the index has increased 2.7%, the biggest rise since December 2009.
Outside volatile food and gas, the so-called core index rose 0.1%.
In the past 12 months, core prices rose 1.2%. The March increase is well below the 10-year average of 1.9%.