US Inflation Eases as Consumer Prices Retreat in March 2013

US inflation over the past 12 months eased as consumer prices in March retreated for the first time in four months, government data released Tuesday shows.

Cheaper gasoline and clothing brought some relief to American consumers, keeping inflation mostly in check. Prices at the pump dropped 4.4% last month compared to the 9.1% increase in the prior month. Continue reading US Inflation Eases as Consumer Prices Retreat in March 2013