(RTTNews) - Consumer prices came in unchanged in the month of April, according to a report released by the Labor Department on Friday, with a notable decrease in energy prices offsetting another substantial increase in tobacco prices.

The Labor Department said its consumer price index was unchanged in April after edging down by an unrevised 0.1 percent in March. The lack of growth in consumer prices came in line with the expectations of economists.

At the same time, the report showed that the core consumer price index, which excludes food and energy prices, rose 0.3 percent in April after rising 0.2 percent in each of the three previous months. Economists had expected core prices to edge up 0.1 percent.

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Posted in Categories: Economy, Releases, USA.

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