Inflation Unexpectedly Drops in March

Reported 5 days ago

In March, inflation decreased by 0.1%, contrary to economists' expectations of a 0.1% increase. Core inflation rose by 0.1% from February, below the anticipated 0.3%. Year-over-year, consumer price index (CPI) was recorded at 2.4%, slightly under the expected 2.5%. Various indices such as airline fares and used cars saw declines, while food prices rose moderately.

Source: YAHOO

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