US Inflation Falls for Second Month in April 2013

Falling gasoline prices in April drove US inflation lower for a second straight month, the US government reported Thursday in Washington.

Consumer prices settled 0.4% lower in April after declining 0.2% in March. The turnaround has been abrupt given the sharp 0.7% jump in February which went down in the books as the biggest increase since June 2009. Continue reading US Inflation Falls for Second Month in April 2013