Consumer prices fall 0.3 percent from March to April

May 19, 2003

On a seasonally adjusted basis, the Consumer Price Index for all Urban Consumers (CPI-U) declined 0.3 percent in April, following an increase of 0.3 percent in March.

Percent change from 12 months ago, Consumer Price Index for All Urban Consumers, not seasonally adjusted, April 1994–April 2003
[Chart data—TXT]

Energy costs, which rose 4.6 percent in March, declined 4.6 percent in April. Within energy, the index for petroleum-based energy declined 8.4 percent and the index for energy services decreased 0.5 percent.

The index for food fell 0.1 percent, following a 0.2 percent increase in March. The index for food at home declined 0.2 percent. The index for all items less food and energy was unchanged for the second consecutive month in April after increasing 0.1 percent in both January and February.

For the 12-month period ended in April, the CPI-U rose 2.2 percent.

These data are from the BLS Consumer Price Index program. Find out more in "Consumer Price Index: April 2003" (PDF) (TXT), news release USDL-03-242.

SUGGESTED CITATION

Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Consumer prices fall 0.3 percent from March to April on the Internet at http://www.bls.gov/opub/ted/2003/may/wk3/art01.htm (visited October 23, 2014).

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