US EditionUS Producer Prices Unexpectedly Fall, Dragged Down by Energy
- Wholesale prices in the U.S. Fell 0.4% in March due to a drop in energy costs, as reported by the Bureau of Labor Statistics.
- The Producer Price Index indicated an annual rate of inflation of 2.7% for March, according to the Bureau of Labor Statistics.
- Gasoline prices saw an 11.1% decrease in March, contributing to lower wholesale prices, as noted by the Bureau of Labor Statistics.
- Polling shows that 54% of voters disapprove of President Donald Trump's handling of the economy, according to an NBC News poll released March 16.
97 Articles
97 Articles
Short-term inflation registers largest drop
The Sensitive Price Indicator (SPI) for the week ended April 10, 2025 recorded a historic year-on-year (YoY) decline of 2.81% - the largest annual drop since the SPI data was available. On a week-on-week (WoW) basis, the index fell 0.83%, reflecting a continued reduction in prices of key essential items. Compared to the previous week, garlic saw a steep drop of 14.73%, followed by tomatoes (12.82%), onions (11.40%), chicken (8.05%), eggs (7.40%)…
CNN Gives No Credit to Trump for Better Than Expected Inflation Rate Drop
Remind us again about who was president in March? You wouldn't know if you only depended on the CNN News Central report on the very unexpected DROP in the rate of inflation in March that was presented by reporter Matt Egan. Despite all his gushing about the drop in the inflation rate, Egan couldn't bring himself to mention the T-name. Oh, and the other name missing from Egan's report was Joe Biden despite having presided over monthly increases i…
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