📊 March 2025 Data:
Monthly Change (m/m): 0.1%, lower than the expected 0.3%
Yearly Change (y/y): 2.8%, down from 3.1% in February
The decrease in the Core CPI growth is mainly due to lower prices for auto insurance, airline tickets, and prescription drugs. On the other hand, housing rents and medical services prices have increased.
⚠️ Impact of New Tariffs:
In March, the Trump administration imposed new tariffs on imports from China and other countries. However, economists expect the impact of these tariffs to show up with a delay, possibly reflected in the April or May data. These tariffs are expected to increase inflationary pressures in the coming months.
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