Shopper value inflation eased greater than anticipated in March as President Donald Trump ready to launch tariffs towards U.S. buying and selling companions, the Bureau of Labor Statistics reported Thursday.
The buyer value index, a broad measure of products and companies prices throughout the U.S. financial system, fell 0.1% in March, placing the 12-month inflation price at 2.4%.
Excluding meals and power, so-called core inflation ran at a 2.8% annual price, having elevated 0.1% for the month. That was the bottom price for core inflation since March 2021.
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