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April 19, 2006

Consumer Prices Up On Gas, Clothing

U.S. consumer prices rose 0.4% in March as the cost of gasoline and clothing climbed, the Labor Department said Wednesday.

The rise was in line with expectations but notably higher than February’s 0.1% increase.

Gasoline prices shot up 3.6% last month while the cost of clothing increased by 1%.

Core consumer prices, excluding food and energy, rose 0.3% in March, representing the biggest inflation gain in a year.

Posted by Blacks on April 19, 2006 07:38 AM

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