US Inflation Rate Slows More Than Expected
The annual inflation rate in the US eased for a second consecutive month to 2.4% in March 2025, its lowest level since September, down from 2.8% in February, and below forecasts of 2.6%.
The energy index decreased 3.3% and the food index increased 3%. Compared to the previous month, the CPI decreased 0.1%, the first decline since May 2020, after a 0.2% rise in February and compared to expectations of 0.1%.
The index for energy fell 2.4%, as a 6.3% decline in the index for gasoline more than offset increases in the indexes for electricity and natural gas. The food index, in contrast, rose 0.4% as the food at home index increased 0.5% and the food away from home index rose 0.4%.
Source: Trading Economics
