Inflation Falls 4 Months in a Row, April Inflation of 3.9% is Lowest Rate in 6 Months, Since Oct. 2007
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Submitted by CARPE DIEM

WASHINGTON – U.S. consumer prices were under wraps last month, a government report showed, especially when food and energy prices were stripped out, further evidence that the economic slowdown is easing some of the inflationary effect of recent sharp gains in food and energy prices.