US Inflation Slows Down in March

US INFLATION COOLED broadly in March, indicating some relief for consumers prior to widespread tariffs that risk contributing to price pressures.

- BLOOMBERG

The consumer price index, excluding often volatile food and energy costs, increased 0.1% from February, the least in nine months, according to Bureau of Labor Statistics data out Thursday.

The overall CPI declined 0.1% from a month earlier, the first decrease in nearly five years.

The inflation slowdown reflected a decline in energy costs, used vehicles, hotel stays and airfares.

The cost of motor vehicle insurance—a main source of inflation in recent years—also retreated.