Accelerating Inflation Adds to Signs U.S. Improving
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Consumer prices accelerated in March as Americans paid a bit more for food and rent, adding to signs that demand is improving in the world’s largest economy.
The consumer-price index climbed 0.2 percent after increasing 0.1 percent in February, a Labor Department report showed today in Washington. Over the past year, costs rose 1.5 percent following a 1.1 percent gain in February that was the smallest in four months.