Roanoke Times Copyright (c) 1995, Landmark Communications, Inc. DATE: TUESDAY, March 19, 1991 TAG: 9103190425 SECTION: BUSINESS PAGE: B4 EDITION: EVENING SOURCE: Associated Press DATELINE: WASHINGTON LENGTH: Short
The slight advance in the Labor Department's Consumer Price Index, if it continued for 12 months, would translate into an annual inflation rate of 2.7 percent, far below the 6.1 percent increase recorded last year.
The modest February gain, which was also eased by a big moderation in food costs, followed increases of 0.4 percent in January and 0.3 percent in December.
As in the past three months, the good news on inflation came courtesy of a big drop in energy prices.
by CNB