US inflation slowed in March
During March, US inflation slowed. However, tariffs are increasing pressure on the domestic and international scene
US inflation slowed significantly in March, demonstrating the strength and resilience of the economy despite the trade tariffs imposed by President Donald Trump.
Economists have already warned that last Thursday’s CPI report “could very well mark the lowest point in inflation this year, as Trump’s massive and sweeping tariffs disrupt the global order and make imports and, likely, final goods significantly more expensive for consumers.”
In March, prices fell 0.1 % compared to the previous month; The first drop in these indicators since 2020.
“The core CPI, which excludes food and energy, rose just 0.1 % in the month, leaving a rate of 2.8 % for the 12 months ending in March and a sharp slowdown from the 3.1 % recorded in February.”
M.Pino
Source: cnnespanol
(Reference image: Campaign Creators on Unsplash)
Visit our news channel on Google News and follow us to get accurate, interesting information and stay up to date with everything. You can also see our daily content on X/Twitter and Instagram
