Inflation Drops Lower than Expected for March
- scoozenews
- 3 days ago
- 1 min read
According to Bureau of Labor Statistics data released on Thursday, the U.S. Consumer Price Index dropped to 2.4% in March, coming in lower than the 2.6% that was projected.
It's the first time prices have fallen on a monthly basis since May 2020.
Core CPI inflation fell below 3% for the first time since March 2021.
By - SC
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