Consumer Price Index Up 0.2% in April
The Consumer Price Index for All Urban Consumers(CPI-U) increased by an unexpectedly lower margin of 0.2 percent in April according to today’s report from Bureau of Labor Statistics of the U.S. Dept. of Labor.
The index for petroleum-based energy fell 1.6 percent, offsetting the 2.5 percent increase in the index for energy services. But food prices remain a chief concern: the food index rose 0.9 percent in April; and the food at home index increased 1.5 percent.




