United States Inflation Rate Mom

The U.S. consumer price index fell by 0.1% month-over-month in March 2025, following a 0.2% increase in February and missing market expectations of a 0.1% rise. This marked the first decline in consumer prices since May 2020, largely driven by a 2.4% drop in energy costs. Additional downward pressure came from declines in airline fares, motor vehicle insurance, used cars and trucks, and recreation. Meanwhile, food prices rose by 0.4%, with food at home increasing by 0.5% and food away from home rising by 0.4%. Price increases were also seen in personal care, medical care, education, apparel, and new vehicle.