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CPI Declines 0.1% in March as Inflation Dynamics Shift
By News Desk - Apr 10, 2025, 05:30 AM ET
Last Updated - Apr 10, 2025, 08:31 AM EDT
The latest BLS report indicates a decrease in the Consumer Price Index, showcasing changing economic trends.
The latest Consumer Price Index (CPI) data from the U.S. Bureau of Labor Statistics indicates a 0.1 percent decline in March 2025 on a seasonally adjusted basis. This represents a notable shift following an increase of 0.2 percent in February, marking significant changes in consumer price dynamics.
Energy prices see significant drop: The energy index decreased by 2.4 percent in March, driven largely by a 6.3 percent decline in gasoline prices. Despite this, both electricity and natural gas indexes experienced increases, highlighting varying sectoral trends within the broader energy category.
Food prices continue to rise: In contrast to energy, the food index recorded a 0.4 percent increase. Notably, the 'food at home' index grew by 0.5 percent, driven by inflations in grocery store categories, while 'food away from home' also saw a rise of 0.4 percent. This upward trend in food costs reflects ongoing supply chain challenges and consumer demands.
Core inflation remains stable: Excluding volatile food and energy prices, the core CPI rose by 0.1 percent in March. This stability in the core sector followed a 0.2 percent rise in February. Key contributors to this figure include personal care, medical care, education, and apparel, which all experienced price increases. Conversely, decreases were noted in airline fares, motor vehicle insurance, and recreation indexes.
12-month CPI overview: Looking back over the past year, the all items index rose by 2.4 percent before seasonal adjustment. The energy index has decreased by 3.3 percent while the food index increased by 3.0 percent. Importantly, the core index for all items less food and energy observed a modest 2.8 percent rise, the smallest recorded since March 2021, pointing to a broader stabilization in market prices.
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