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Rising food, housing costs push up U.S. inflation
date:Apr 16, 2014
Millan Mulraine, deputy chief economist at TD Securities in New York.

The Consumer Price Index increased 0.2 percent in March after gaining 0.1 percent in February, the Labor Department said on Tuesday. Shelter and food accounted for most of the rise, which beat economists' expectations for a 0.1 percent advance.

While prices for many items tend to swing from month to month, housing costs generally follow a steadier path.

The so-called core CPI, which strips out volatile energy and food compo

12/25 06:31

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