The March consumer price index rose 0.3% and core increased 0.2%, about as private analysts anticipated.

Core had offsetting moves, with new vehicles down 0.1% and a 1.3% decline in apparel, but drugs up 0.4%, a rise in local phone service of 0.5%, tuition up 0.4%, and an increase in airfares of 3.0%. Owners’ equivalent rent rose 0.2%.

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