US consumer prices edge up in March

Energy prices rose in March, with gasoline jumping 3.9 percentUS consumer prices ticked higher in March, lifted by a rebound in energy prices, the Labor Department reported Friday. The consumer price index (CPI) rose 0.2 percent for the second month in a row in March, weaker than the 0.3 percent increase expected by analysts. The CPI number month-over-month was pulled higher by a 1.1 percent rise in energy prices, including a 3.9 percent jump in gasoline, and a 1.2 percent gain for used cars and trucks. Food prices slipped 0.2 percent.

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