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Consumer price index rose again in March

Consumer prices rose at a slower pace in March than in February, according to an index released by the Bureau of Labor Statistics.
 
The Consumer Price Index, which measures the average change over time in the prices paid by consumers, rose .3 percent in March, compared with February's .4 percent increase. 
 
The rise was led by a .9 percent increase in energy prices, specifically gasoline and oil.
 
This increase was smaller, however, than in February, when energy prices jumped by 3.2 percent. Energy prices have increased by almost 5 percent since March a year ago.
 
A gallon of regular unleaded gas in the Triangle costs an average $3.90, up from $3.73 a year ago and $3.75 a month ago.
 
The price of food increased by .2 percent and has jumped by 3.3 percent in a year's time.
 
-Tori Stilwell
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