Consumer Price Index Falls for First Time in Four Months

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The consumer price i fell 0.2% in March,Ìýthe first declineÌýin four months, the Labor Department said Tuesday.

The government’s main inflation gauge decreased after a 0.7% rise in February, the Labor Department said.

Economists had forecast no change in the CPI, BloombergÌýNewsÌýreported.

The core CPI rate, which excludes food and energy, rose 0.1%, lower than economists’ forecast of a 0.2% rise, Bloomberg reported.



Almost 60% of the CPI covers prices consumers pay for services. Climbing consumer prices could reflect an increase in demand for consumer goods, which increasesÌýdemand for trucking services.

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