BREAKING: The Consumer Price Index (CPI) for March 2025 showed inflation easing, with a seasonally adjusted monthly increase of just 0.1%, the smallest rise in eight months. Annual inflation slowed to 2.6%, down from February’s 2.8%, marking its lowest level since October 2024, largely due to declining energy costs
Core inflation, which excludes food and energy, rose by 0.3% month-over-month and 3.0% year-over-year, the lowest annual rate since April 2021. However, economists anticipate potential inflationary pressures from President Trump’s tariffs on Chinese imports and global steel and aluminum, which could impact prices in the coming months