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U.S. Consumer Prices Rise at Strongest Rate in Nearly a Year

Wall Street Journal (05/15/14) Eric Morath; Sarah Portlock

Consumer prices increased last month at their strongest rate in almost a year, a sign of modest inflation pressures. The consumer price index rose a seasonally adjusted 0.3% in April from March, according to the U.S. Department of Labor. Core prices, which exclude the volatile food and energy categories, increased 0.2% in April. The gains were in line with the forecasts of economists polled by the Wall Street Journal.