Inflation falls in March as annual core consumer prices rise at slowest rate in four years

[mahatmakanejeeves]

Yahoo Finance
Inflation falls in March as annual core consumer prices rise at slowest rate in four years

Alexandra Canal • Senior Reporter
Thu, April 10, 2025 at 9:27 AM EDT • 4 min read

March's Consumer Price Index (CPI) report showed inflation pressures eased considerably last month, with annual core prices rising at their slowest pace since March 2021. But it could be the last time investors see moderating price growth as President Trump's tariff spree threatens to upend recent easing trends.

The latest data from the Bureau of Labor Statistics showed that the Consumer Price Index (CPI) increased 2.4% over the prior year in March, a slowdown from February's 2.8% annual gain and a beat compare to economist expectations of a 2.5% annual increase.

On a month-over-month basis, prices declined 0.1% — the first time monthly CPI prices have fallen since May 2020. This was also below the 0.2% increase seen in February and a beat compared to economists' estimates of a 0.1% monthly uptick.

On a "core" basis, which strips out the more volatile costs of food and gas, prices in March climbed 0.1% over the prior month, cooler than February's 0.2% monthly gain and ahead of economist expectations of a 0.3% increase.

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[Ocelot II]

1. That won't last very long.

[Johonny]

2. Another Biden victory