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U.S. Consumer Prices Rise 0.3 Percent In March, Matching Expectations

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

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