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US Inflation Rate (CPI), YoY % Change by Month
Mar 2024: 3.5%
Apr 2024: 3.4%
May 2024: 3.3%
Jun 2024: 3.0%
Jul 2024: 2.9%
Aug 2024: 2.5%
Sep 2024: 2.4%
Oct 2024: 2.6%
Nov 2024: 2.7%
Dec 2024: 2.9%
Jan 2025: 3.0%
Feb 2025: 2.8%
Mar 2025: 2.4%
📉 CPI drops to 2.4%—first decline in 5 years. But tariff risks loom.
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Forecasters see the March CPI report as fairly tame—the last one that won't be influenced by tariffs.
Forecasters have a mild 0.08% for headline and 0.24% for core.
If those are right, headline would be 2.5% on the year. Core CPI, at 3.0%, would be a four-year low.
BREAKING: March CPI inflation FALLS to 2.4%, below expectations of 2.5%.
Core CPI inflation FALLS to 2.8%, below expectations of 3.0%.
This marks the 2nd straight monthly decline in Headline and Core CPI inflation.
Inflation has cooled down despite the trade war.
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