Consumers paid more in 2012

(WTVR) -- Consumers paid modestly higher prices for gas, food and shelter in 2012, but overall inflation was more subdued than in 2011.

The Consumer Price Index, the government's key measure of inflation was up 0.17 percent last year, less than when it rose by 3 percent in 2011.

Experts say food and gas prices can be pretty volatile so they prefer to leave those figures out when measuring inflation.


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