Consumer prices down 0.3 percent in March

Washington • Consumer prices fell in March by the largest amount in more than two years, pushed lower by another sharp decline in the price of gasoline and other energy products. Consumer prices dropped 0.3 percent in March following a tiny 0.1 percent rise in February, the Labor Department reported Friday. It was the first monthly decline in 13 months and the biggest drop since prices fell 0.6 percent in January 2015. In addition to a big 6.2 percent fall in gasoline prices, the cost of cell ph...

Share this post