U.S. Consumer prices continued to rise in March, according to figures released Friday by the Labor Department, although the pace of growth slowed compared to the previous month.
The Consumer Price Index, a measure of inflationary pressures in the economy, increased 0.3 percent in March, slightly slower than the 0.4 percent increase posted in February.
The increase was in line with the expectations of most economists.
The 'core' consumer price index, a measure that excludes the volatile food and energy sectors, edged up by 0.2 percent - also matching the expectations of most economists.
by RTT Staff Writer
For comments and feedback: firstname.lastname@example.org
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.