Reported about 20 hours ago
U.S. import prices unexpectedly decreased by 0.1% in March, the first decline since September, primarily due to falling energy costs, suggesting inflation was easing before the new tariffs from President Trump's administration were implemented. Although prices rose 0.9% year-on-year, economists warn of potential stagflation risks. The dollar weakened against other currencies, indicating higher future costs for imported goods. Overall, while the current downturn is evident, the outlook for inflation remains uncertain.
Source: YAHOO