Falling Energy Prices Lead to First 12-Month Drop in Consumer Prices since 1950s

(CNSNews.com) – Fueled by a 39 percent drop in gasoline prices and a 23 percent decline in overall energy prices, the Consumer Price Index (CPI) fell in March for the 12 month in a row, according to the U.S. Department of Labor. It’s the first 12-month decline in consumer prices in the United States since August of 1955.