U.S. Inflation Drops to 2.4% in March 2025, Marking Lowest Rate in Four Years
U.S. Inflation Drops to 2.4% in March 2025, Marking Lowest Rate in Four Years
U.S. consumer prices eased in March 2025, with inflation dropping to 2.4%, the lowest level in four years.
New data from the Labor Department revealed a slight 0.1% monthly decrease in prices.
This decline in inflation was primarily driven by a significant drop in gasoline prices, while core inflation, which excludes food and energy costs, saw a mild annual increase of 2.8%.
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