US Consumer Price Index fell 0.3% in March vs 0.2% increase expected

[McFurd]

CNBC - 4/14/2017 - AP - Consumer prices fell in March by the largest amount in more than two years, pushed lower by another sharp decline in the price of gasoline and other energy products. The Labor Department says the U.S. Consumer Price Index dropped 0.3 percent in March following a tiny 0.1 percent rise in February. It was the first monthly decline in 13 months and the biggest drop since prices fell 0.6 percent in January 2015. In addition to a big 6.2 percent fall in gasoline prices, the cost of cellphone plans, new and used cars and clothing were all lower last month. Read more @ http://www.cnbc.com/2017/04/14/us-consu ... -2017.html