Consumer prices fall 0.3 percent from March to April
May 19, 2003
On a seasonally adjusted basis, the Consumer Price Index for all Urban Consumers (CPI-U) declined 0.3 percent in April, following an increase of 0.3 percent in March.
Energy costs, which rose 4.6 percent in March, declined 4.6 percent in April. Within energy, the index for petroleum-based energy declined 8.4 percent and the index for energy services decreased 0.5 percent.
The index for food fell 0.1 percent, following a 0.2 percent increase in March. The index for food at home declined 0.2 percent. The index for all items less food and energy was unchanged for the second consecutive month in April after increasing 0.1 percent in both January and February.
For the 12-month period ended in April, the CPI-U rose 2.2 percent.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Consumer prices fall 0.3 percent from March to April on the Internet at http://www.bls.gov/opub/ted/2003/may/wk3/art01.htm (visited October 28, 2016).
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