US EditionU.S. consumer prices fall for first time in nearly 5 years | Honolulu Star-Advertiser
- The U.S. Consumer Price Index decreased 0.1% in March, the first drop in nearly five years, according to the Labor Department.
- A sharp drop in energy costs, particularly a 6.3% decrease in gasoline prices, largely drove the overall CPI decrease for March.
- While energy costs saw declines, food prices continued an upward trend, with a 0.4% increase in March and 3% over the last year.
- During his campaign, President Trump promised, 'Starting on day one, we will end inflation and make America affordable again, to bring down the prices of all goods.'
- Despite the March decrease, analysts voice concerns about trade war impacts and the potential for future inflation, creating uncertainty.
7 Articles
7 Articles
U.S. Consumer Price Index Drops for First Time in 3 Years as Energy Prices Decline 2.4%
The latest economic report has left many so-called experts scrambling to explain what went wrong with their predictions. After months of dire warnings about rising... The post U.S. Consumer Price Index Drops for First Time in 3 Years as Energy Prices Decline 2.4% appeared first on Patriot Journal.
U.S. consumer prices fall for first time in nearly 5 years | Honolulu Star-Advertiser
WASHINGTON >> U.S. consumer prices unexpectedly fell in March amid cheaper gasoline and used motor vehicles, but the benign inflation reading is unlikely to be sustained after President Donald Trump doubled down on tariffs on imported Chinese goods.
Consumer Prices Unexpectedly Drop as WTI Plunges by Over 4%
In an unexpected twist amid a global trade war and ‘Liberation Day’ tariffs that have rocked markets around the world, the U.S. Consumer Price Index (CPI) actually fell in March, though data is not likely to catch up to rapidly changing White House policies until April’s data release, and the sacrifice is U.S. oil prices, now losing nearly 4.5%. Inflation risks remain dangerously high amid the unfolding tariff war despite the surprise CPI data,…
Hello Hello! March US Consumer Prices Fall Most In 5 Years (Rent Inflation Back To Pre-Biden Levels)
Hello Hello pre-Biden inflation levels! The normally crucial consumer price index measure of inflation printing today for March is likely to take a back seat to the next red flashing headline on tariffs on everyone’s Bloomberg terminal, but under the hood – with the Trump Put now exposed – can a cooler than expected CPI print raise the Powell Put strike enough to enable a true tradable bottom here? Having dipped lower in the previous month (foll…
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