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4/13/2012 8:50:00 AM Write a Letter to the Editor Write a letter to the Editor

Consumer Price Index Rises in March

The consumer price index rose 0.3% in March, the Labor Department said Friday.

The gain in the government’s main inflation gauge matched economists' projections, Bloomberg reported.

The reading rose 0.4% in February.

The core CPI rate excluding food and energy rose 0.2%, Bloomberg said.

Almost 60% of the CPI covers prices consumers pay for services. If consumer prices are climbing, it could reflect an increase in demand for consumer goods, which increases the demand for trucking services.

By Transport Topics

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