Inflation eases to 5% in March, according to latest CPI numbers
The March Consumer Price Index numbers were released this morning.
Overall, the index rose 0.1 percent with year-over-year prices sitting at 5 percent, a two-year low. The Food Index rose ever-so-slightly at 0.1 percent, while energy costs fell 3.5 percent.
This is the ninth consecutive month that inflation has eased amid drops in grocery store and gasoline prices.