US consumer prices edge up

US consumer prices ticked higher in March, lifted by a rebound in energy prices, the Labor Department reports. The consumer price index (CPI) rose 0.2 per cent for the second month in a row in March, weaker than the 0.3 per cent increase expected by analysts, the department reported on Friday. Year over year, inflation dipped back into negative territory with a 0.1 per cent fall. In January inflation had turned negative for the first time since 2009. The CPI number month over month was pulled hi

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