The numbers mark the first time that prices have fallen on a monthly basis since May 2020….
CNN: “Consumer prices month-over-month, so this was actually a DROP of .1% — that’s the first time we’ve seen that since COVID. Year-over-year, the annual inflation rate was at 2.4%. This was also BETTER THAN EXPECTED and a 6-month low, moving in the right direction.” pic.twitter.com/Hwp7gawKl7
— Rapid Response 47 (@RapidResponse47) April 10, 2025
US inflation dropped to six-month low in March, Labor Department reports
The inflation rate from February to last month dropped 0.1%.
Consumer prices fell 0.1% in March compared to the previous month, compared to a 0.2% gain recorded in February, according to Bureau of Labor Statistics data released Thursday.
The numbers mark the first time that prices have fallen on a monthly basis since May 2020, according to CNN.
The bureau’s all-items index rose 2.4% for the 12 months ending March, after rising 2.8% over the 12 months ending February, the bureau also reports.
Experts projected the annual inflation rate for March would be 2.6%, according to CNBC.
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Author: Pamela Geller
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