Wednesday, May 16, 2007

Consumer prices ease inflation worries

Consumer prices ease inflation worries (Reuters)

Cynthia Gallant fills up her car with gasoline in Berkeley, California, January 24, 2007. U.S. consumer prices advanced 0.4 percent in April on a continued rise in energy and food prices, but that was below expectations and painted a somewhat stable inflation picture, a government report on Tuesday showed. (Kimberly White/Reuters)Reuters - Consumer prices rose less than expected in April, according to a government report on Tuesday that offered some signs inflation pressures may be easing.


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