Consumer Prices in U.S. Fell in March on Cheaper Gasoline
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The cost of living in the U.S. declined in March for the first time in four months as cheaper gasoline and clothing kept inflation in check.
The consumer-price index dropped 0.2 percent after a 0.7 percent jump in February, the Labor Department said today in Washington. The median forecast in a Bloomberg survey called for no change. The core measure, which excludes volatile food and energy costs, rose 0.1 percent, less than forecast.