Agence France-PresseJuly 16, 2013 08:33
Consumer prices rose more than expected in June, mainly due to a sharp rise in gasoline prices at the pump, government data released Tuesday showed.
The Labor Department said its consumer price index rose 0.5 percent from May, when it edged up 0.1 percent.
Core CPI, excluding food and energy prices, rose 0.2 percent, the same pace as in May.
While core CPI came in as expected, the headline June prices rise was higher than the 0.3 percent rise on average estimated by analysts.