Monday, May 14, 2007

Consumer Prices in U.S. Probably Rose in April on Gasoline, Food Costs

(Bloomberg) -- Prices paid by U.S. consumers rose in March for the fifth straight month, driven by food and near- record gasoline costs, economists said before a government report today.

Prices rose 0.5 percent after a 0.6 percent March increase, according to the median forecast of economists surveyed by Bloomberg News ahead of the Labor Department's report. Core prices, which exclude food and energy, rose 0.2 percent after a 0.1 percent gain, the survey showed.


Read more at Bloomberg Currencies News

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