U.S. April Consumer Prices Rise 0.4 Percent; Core Rate Climbs 0.2 Percent

(Bloomberg) -- Prices paid by U.S. consumers rose less than forecast in April, suggesting inflation may be abating as the economy cools.

The consumer price index increased 0.4 percent after rising 0.6 percent in March, the Labor Department said today in Washington. Core prices, which exclude food and energy, were up 0.2 percent after a 0.1 percent gain.


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