Consumer Prices Fell In March, Defying Predictions of Tarriflation

[mystery-ak]

Consumer Prices Fell In March, Defying Predictions of Tarriflation

John Carney 10 Apr 2025

U.S. consumer prices fell in March, pushed down by a decline in the price of goods and defying predictions that President Trump’s tariff plans would push up prices. This was the first drop in consumer prices in nearly three years and only the second decline since inflation accelerated under Joe Biden to the worst rates in decades.

The consumer price index fell by 0.1 percent compared with the previous month after climbing each month since July 2022. Economists had forecast prices would rise by 0.1 percent.

Core consumer prices, a measure that excludes volatile food and energy prices, rose by 0.1 percent, far less than the 0.3 percent expected. This was the smallest rise in core prices since President Trump’s first term as president.

https://www.breitbart.com/economy/2025/04/10/consumer-prices-fell-in-march-defying-predictions-of-tarriflation/

[mystery-ak]

More

April 10, 2025 8:32am EDT
Inflation increased at a slower pace in March
Bureau of Labor Statistics releases closely watched March inflation data

 
Eric Revell FOXBusiness

Inflation rose in March at a slower pace than expected but remained well above the Federal Reserve's goal as the central bank prepares to monitor the impact of tariffs on consumer prices in the weeks and months ahead.

The Bureau of Labor Statistics on Thursday said that the consumer price index (CPI) – a broad measure of how much everyday goods like gasoline, groceries and rent cost – decreased 0.1% in March compared with last month, while it was up 2.4% on an annual basis.

Both of the figures were cooler than the estimates of LSEG economists, and represented a cooling from February, when it rose 0.2% on a monthly basis and headline inflation was 2.8%.

So-called core prices, which include more volatile measurements of gasoline and food to better assess price growth trends, were up 0.1% from the prior month and 2.8% on an annual basis, cooler than expected. The headline figure was down from 3.1% a month ago, while the monthly core data ticked up from 0.2%.

This is a developing story. Please check back for updates.

https://www.foxbusiness.com/economy/cpi-inflation-march-2025

[kevindavis007]

Liberation Day happened in April

[catfish1957]

Consumer Prices Fell In March, Defying Predictions of Tarriflation

We are getting into the midst of earnings report season, and my research is showing that we are going to see better than expected results.  More hits than misses, and this will add some stabilization and calm to market forces.