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Consumer prices rise modestly

Wednesday, April 16, 2003 | 11:28 a.m.

WASHINGTON -- Consumer prices rose a modest 0.3 percent in March, largely reflecting higher energy costs. But most other prices were under control, suggesting the nation's inflation picture looks good.

The increase reported for March in the Consumer Price Index, the government's most closely watched inflation barometer, was half the size of the 0.6 percent jump registered in February, the Labor Department reported today.

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