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The Independent UK
The Independent UK
National
Christopher Rugaber

Inflation fell last month as gas prices dropped sharply, a sign prices cooling before tariffs

Consumer Price Index - (Copyright 2023 The Associated Press. All rights reserved.)

U.S. inflation declined last month as the cost of gas fell, a sign that price growth was cooling even as President Donald Trump ramped up his tariff threats.

Consumer prices rose just 2.4% in March from a year earlier, the Labor Department said Thursday, down from 2.8% in February. That is the lowest inflation figure since September.

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