Wall Street fell Friday due to rising concern on inflation.

The Dow Jones industrial average fell 49.27, or 0.41 percent, to 12,110.41. The Standard & Poor's 500 index fell 5.33, or 0.38 percent, to 1,386.95, while the Nasdaq composite index fell 6.04, or 0.25 percent, to 2,372.66.

The Labor Department's report that its Consumer Price Index rose by 0.4 percent in February, higher than Wall Street expectation an increase of 0.3 percent.

The rise was double that of January and the largest rise since a similar increase in December. Rising costs for gasoline, food and citrus crops helped boost prices.

For the week, the Dow fell 1.35 percent, the S&P 500 index tumbled 1.13 percent and the Nasdaq fell 0.62 percent.

Source: Xinhua