Not only is the cupcake craze truly winding down, it's leading to some Twitter fun among econ nerds this Thursday morning.
When the Labor Department released its latest Consumer Price Index -- a key measure of inflation -- it contained a detailed breakdown that showed cupcake prices are falling.
You paid less for gasoline in April, and that led overall inflation lower for the second month in a row.
The Consumer Price Index, a key measure of inflation, fell 0.4% in April, according to the Labor Department. Compared to a year earlier, prices are up only 1.1%, a level of inflation that's considered rather low.
Falling gas prices were the main driver for the broader decline for the second month in MOREAnnalyn Kurtz - May 16, 2013 8:40 AM ET
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