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US cost of living

04/14/12

Permalink 10:15:54 pm, by editor of MarketObservation.com Email , 102 words   English (US)
Categories: Economics United States, Economics Global

MarketWatch: U.S. cost of living climbs 0.3% in March; Prices of most goods and services rose last month, April 13, 2012

WASHINGTON (MarketWatch) — The cost of living rose again in March even as the price of gasoline leveled off, the U.S. government reported Friday.

The consumer price index climbed 0.3% last month as the cost of most goods and services rose, the Labor Department said. The increase outstripped the rise in wages, so inflation-adjusted earnings for the average American worker fell 0.1% last month.

Economists surveyed by MarketWatch expected a 0.2% increase in the cost of living.

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Keywords: Inflation, US Cost of Living

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