WASHINGTON (MNI) - The April CPI showed prices moderating a little more than expected, largely a result of gasoline price dips but also reflecting a confluence of soft pricing in the medical and clothing areas.

April CPI posted -0.4% and core +0.1% (+0.05199% unrounded), slightly less than expected. These produced over-the-year rates of +1.1% overall (its slowest since November 2010 after a second monthly drop) and +1.7% core.

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