Consumer Prices rise slightly but overall inflationary pressures remain neutral

According to The Financial Times, US consumer prices rose .2%  last month, while the “core” price index fell for the first time since 1982.  From the article:

“That underlying core inflation pressures remain benign is consistent with our view that core price measures will keep to a disinflationary path this year owing to a very wide output gap,” said Joshua Shapiro, chief US economist at MFR, in a research note to clients.

consumer price index rises .2%- us business news- ft.com