Consumer prices rebounded 0.2 percent in April

Washington • Consumer prices rebounded moderately in April as energy prices climbed back up after a sharp decline in March. The Labor Department says consumer prices rose 0.2 percent after a 0.3 percent drop in March, which was the biggest fall in more than two years. Energy prices rose 1.1 percent after tumbling 3.2 percent the previous month. Core inflation, which excludes the volatile food and energy categories, rose 0.1 percent. Over the past 12 months, inflation is up 2.2 percent. Core pric...

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