Latest consumer price inflation is smallest increase in nearly 2 years
By Simone Del Rosario (Business Correspondent), Brent Jabbour (Producer)
Media Landscape
This story is a Media Miss by the right as only 14% of the coverage is from right leaning media. Learn more about this dataBias Distribution
Left
US inflation at 5%, the lowest it has been since 2021
Click to see story on The GuardianU.S. inflation rate eased to 5% in March — lowest rise in almost 2 years
Click to see story on CBC NewsInflation slows to 5% in March, a nearly 2-year low, but core consumer price gains accelerate
Click to see story on USA TodayUS consumer inflation eased but still remained high in March, likely meaning Fed will further raise rates
Click to see story on Associated Press NewsPrice hikes slowed significantly in March
Click to see story on abc NewsUS inflation fell in March for the ninth month in a row
Click to see story on CNNInflation eases again in March, but remains at 5 percent
Click to see story on The Washington PostInflation eased to 5% in March, its lowest level in almost 2 years
Click to see story on CBS NewsInflation eased in March but prices are still climbing too fast for comfort
Click to see story on nprUS core CPI keeps pressure on Fed for another rate rise in May
Click to see story on BloombergInflation slowed significantly in March
Click to see story on abc 6 PhiladelphiaPrice growth cooled to 5% in March, but consumer pain is set to linger
Click to see story on NBC NewsCheaper gas and food provide some relief from US inflation
Click to see story on Star TribuneInflation slowed significantly in March
Click to see story on abc11 RaleighInflation slowed significantly in March
Click to see story on abc30 NewsUS consumer prices rise moderately in March; underlying inflation still hot
Click to see story on InquirerCheaper gas and food provide some relief from US inflation
Click to see story on Alaska Highway NewsInflation slows but stays high enough for Fed to hike again
Click to see story on PoliticoCheaper gas and food provide some relief from US inflation
Click to see story on AJCCheaper gas and food provide some relief from US inflation
Click to see story on Times ColonistInflation slows but stays high enough for Fed to hike again
Click to see story on Lakeland TodayCheaper gas and food provide some relief from US inflation
Click to see story on Airdrie TodayInflation slows but stays high enough for Fed to hike again
Click to see story on Town And Country TodayCheaper gas and food provide some relief from US inflation
Click to see story on Burnaby NowCheaper gas and food provide some relief from US inflation
Click to see story on Delta OptimistCheaper gas and food provide some relief from US inflation
Click to see story on Coast ReporterCheaper gas and food provide some relief from US inflation
Click to see story on SooToday.comCheaper gas and food provide some relief from US inflation
Click to see story on Barrie TodayBrazilian inflation decelerates in March
Click to see story on Merco PressInflation slows but stays high enough for Fed to hike again. Here’s what’s in the latest report
Click to see story on Arizona Daily SunCheaper gas and food provide some relief from US inflation
Click to see story on Dawson Creek MirrorUS consumer prices rise moderately; underlying inflation too hot
Click to see story on ReutersInflation rises 0.1% in March, less than expected
Click to see story on CNBCUS inflation falls to lowest level since May 2021
Click to see story on KRDOUS inflation rate drops to 5% – its lowest level in two years
Click to see story on Sky News UKInflation slowed significantly in March
Click to see story on abc 7 ChicagoInflation slowed significantly in March
Click to see story on abc 7 LAInflation slowed significantly in March
Click to see story on abc 7 NYInflation slows but stays high enough for Fed to hike again
Click to see story on News 4 JAXCheaper gas and food provide some relief from US inflation
Click to see story on WPLGCheaper gas and food provide some relief from US inflation
Click to see story on Chicago TribuneInflation slows but stays high enough for Fed to hike again
Click to see story on Spectrum NewsInflation slows but stays high enough for Fed to hike again
Click to see story on Portland Press HeraldU.S. Inflation Eased to 5% in March
Click to see story on Political WireU.S. inflation rate drops to 5%, lowest in nearly 2 years
Click to see story on Michigan LivePrices Rose Another 5% In March—Lowest Inflation Reading In Nearly Two Years
Click to see story on ForbesU.S. inflation rate continues to ease, falling to 5% over last year
Click to see story on Dallas NewsInflation slows but stays high enough for Fed to hike again. Here’s what’s in the latest report
Click to see story on The Billings GazetteInflation slows but stays high enough for Fed to hike again. Here’s what’s in the latest report
Click to see story on Lincoln Journal StarInflation slows but stays high enough for Fed to hike again. Here’s what’s in the latest report
Click to see story on Tulsa WorldInflation slows but stays high enough for Fed to hike again. Here’s what’s in the latest report
Click to see story on MissoulianUS CPI data released, inflation cools down more than expected
Click to see story on Financial ExpressInflation just hit its lowest rate in almost 2 years
Click to see story on FortuneInflation slows but stays high enough for Fed to hike again. Here’s what’s in the latest report
Click to see story on Montana StandardCheaper gas and food provide some relief from US inflation
Click to see story on Sask TodayCheaper gas and food provide some relief from US inflation
Click to see story on The ColumbianInflation slows but stays high enough for Fed to hike again. Here’s what’s in the latest report
Click to see story on TucsonUS consumer inflation eased but still remained high in March, likely meaning Fed will further raise rates
Click to see story on KOB 4Inflation slows but stays high enough for Fed to hike again. Here’s what’s in the latest report
Click to see story on The SentinelInflation slows but stays high enough for Fed to hike again. Here’s what’s in the latest report
Click to see story on Omaha World-HeraldUS inflation falls to lowest level since May 2021
Click to see story on KTVZCheaper gas and food provide some relief from US inflation
Click to see story on http://www.live5news.comInflation slows but stays high enough for Fed to hike again. Here’s what’s in the latest report
Click to see story on HDR | Hickory Daily RecordConsumer Inflation Slows to 5% Annual Rate
Click to see story on Barron'sCheaper Gas and Food Provide Some Relief From US Inflation
Click to see story on WTTWInflation rises 0.1% in March, less than expected
Click to see story on Financial TimesInflation slows but stays high enough for Fed to hike again
Click to see story on WCNCInflation slows but stays high enough for Fed to hike again. Here’s what’s in the latest report
Click to see story on GoDanRiver.comInflation slows but stays high enough for Fed to hike again. Here’s what’s in the latest report
Click to see story on Rapid City Journal Media GroupInflation slows but stays high enough for Fed to hike again
Click to see story on KVUEUS inflation rate eased to 5% in March; lowest rise in almost 2 years
Click to see story on Times of IndiaCheaper gas and food provide some relief from inflation, yet still high enough for Fed to hike again
Click to see story on Washington TimesUS inflation falls to lowest level in two years
Click to see story on The TelegraphU.S. inflation cools more than expected
Click to see story on Financial PostUS inflation falls to 5% but stubborn core reading means battle is far from over
Click to see story on Evening StandardU.S. Inflation Eased to 5% in March
Click to see story on Wall Street JournalUS inflation decelerates more than expected
Click to see story on Het Laatste NieuwsInflation eased in March to 5%, but core prices remain stubbornly high
Click to see story on Fox BusinessCheaper gas and food provide some relief from US inflation
Click to see story on Albuquerque JournalRight
Untracked Bias
Inflation in the US eased to 5% in March, the lowest in nearly two years
Click to see story on 大纪元 www.epochtimes.comUS inflation in March is the lowest in almost two years
Click to see story on GloboCheaper gas and food provide some relief from US inflation
Click to see story on Mountainview TodayCheaper gas and food provide some relief from US inflation
Click to see story on AlbertaPrimeTimes.comInflation slows but stays high enough for Fed to hike again
Click to see story on Tri-City NewsCheaper gas and food provide some relief from US inflation
Click to see story on Cochrane TodayInflation slows but stays high enough for Fed to hike again
Click to see story on PiqueCheaper gas and food provide some relief from US inflation
Click to see story on Squamish ChiefCheaper gas and food provide some relief from US inflation
Click to see story on New West RecordInflation slows but stays high enough for Fed to hike again
Click to see story on Flin Flon ReminderCheaper gas and food provide some relief from US inflation
Click to see story on SudburyCheaper gas and food provide some relief from US inflation
Click to see story on Bay TodayCheaper gas and food provide some relief from US inflation
Click to see story on St. Albert GazetteUS inflation decelerates more than expected
Click to see story on Het Belang van LimburgCheaper gas and food provide some relief from US inflation
Click to see story on Orillia MattersCheaper gas and food provide some relief from US inflation
Click to see story on Newmarket TodayCheaper gas and food provide some relief from US inflation
Click to see story on Midland TodayCheaper gas and food provide some relief from US inflation
Click to see story on Collingwood TodayCheaper gas and food provide some relief from US inflation
Click to see story on Elora Fergus TodayInflation slows but stays high enough for Fed to hike again
Click to see story on Thorold TodayUS inflation rate eased to 5% in March; lowest rise in almost 2 years – The Economic Times Video
Click to see story on The Economic TimesUS consumer prices rise moderately in March; underlying inflation still hot
Click to see story on WTVBU.S. Consumer Inflation Eased In March
Click to see story on KXLCheaper gas and food provide some relief from US inflation
Click to see story on Rocky Mountain OutlookCheaper gas and food provide some relief from US inflation
Click to see story on WKYTWed. 9:42 a.m.: Cheaper gas and food provide some relief from US inflation
Click to see story on tribtoday.comU.S. Consumer Inflation Eased In March – KFOR FM 101.5 1240 AM
Click to see story on KFOR FM 103.3 1240 AMCheaper+gas+and+food+provide+some+relief+from+US+inflation
Click to see story on Long Island Business NewsOverall Inflation Continues to Fall as Core Inflation Rises
Click to see story on nerdwallet.comInflation in March falls to 5.0% per annum, the lowest level since May 2021 in the US
Click to see story on La OpinionCheaper gas and food provide some relief from US inflation
Click to see story on Vancouver Is AwesomeCheaper gas and food provide some relief from US inflation
Click to see story on Powell River PeakCheaper gas and food provide some relief from US inflation
Click to see story on Bradford TodayCheaper gas and food provide some relief from US inflation
Click to see story on Timmins TodayUS inflation reaches 5% in March, its lowest level in almost two years
Click to see story on Diario El MundoCheaper gas and food provide some relief from US inflation
Click to see story on westernwheel.caInflation rose at its slowest rate in nearly two years, the Bureau of Labor Statistics said Wednesday, April 12. The overall consumer price index rose 5% in March on an annual basis, the lowest it has been since May 2021. Meanwhile, month to month inflation cooled to a 0.1% increase for March, down from 0.4% in February.
Headline inflation came in slightly better than expected. Core inflation, which excludes volatile food and energy prices, rose 5.6% annually and grew 0.4% from the month prior, exactly as expected.
Food as a whole was flat from February to March, but remains 8.5% higher than it was one year ago. Groceries, meanwhile, fell 0.3% on a monthly basis, the first decline since September 2020. Eggs were a big driver in bringing down grocery prices, falling 10.9% since February.
Energy prices also drove down headline CPI, falling 3.5% since February and 6.4% annually. The price of gasoline has come down 17.4% in the last 12 months.
The monthly drops in energy and food helped drive down the headline number below core inflation. Strip out food and energy and core inflation is climbing, in large part due to the cost of housing, a lagging indicator.
The shelter index rose 0.6% since February and 8.2% year over year. The Bureau of Labor Statistics said the shelter increase accounts for more than 60% of the total increase in core inflation.
Transportation services also rose 13.9% in the last 12 months. Car insurance alone jumped 15% year over year.
While 5% headline inflation is the lowest rate in nearly two years, it is still well above the Federal Reserve’s target of 2%. Also, the central bank tends to look at core inflation numbers over headline numbers when determining inflation policies.
The Fed has raised its federal funds rate from near zero to around 5% in the last 12 months. Wall Street is still expecting one more 25-basis-point increase at May’s Federal Open Market Committee meeting, which would bring the target range to 5%-5.25%.
IT’S THE LOWEST CONSUMER PRICE INFLATION IN NEARLY TWO YEARS.
THIS MORNING’S REPORT HAS THE HEADLINE CPI UP 5% ON THE YEAR FOR MARCH. THE LAST TIME IT WAS BELOW THAT MARK WAS MAY 2021.
OVER THE MONTH OF MARCH, PRICES EDGED UP JUST 0.1%.
IF WE LOOK AT CORE CPI – THAT STRIPS OUT MORE VOLATILE FOOD AND ENERGY, THAT’S HIGHER THAN THE HEADLINE AT A 5.6% ANNUAL RISE,
AND UP 0.4% FOR THE MONTH. THOSE TWO FIGURES ARE COMING IN EXACTLY AS EXPECTED.
LET’S GET INTO THE DETAILS. FIRST, WHAT’S HELPING DRAG DOWN THAT HEADLINE NUMBER. THE OVERALL FOOD INDEX WAS FLAT FOR MARCH.
WHILE GROCERIES FELL 0.3% ON THE MONTH, THE FIRST DECLINE IN THAT INDEX SINCE SEPTEMBER 2020.
A BIG DRIVER OF THAT, EGGS ARE DOWN NEARLY 11% ON THE MONTH.
THE OTHER PART OF THIS EQUATION IS ENERGY PRICES, THE INDEX FALLING 3.5% ON THE MONTH AND 6.4% ON THE YEAR.
NOW LET’S TAKE A PEEK AT WHAT’S KEEPING CORE PRICES HIGHER.
THE DOMINANT DRIVER HERE IS SHELTER. IT’S UP 0.6% ON THE MONTH AND 8.2% ON THE YEAR.
THAT ACCOUNTS FOR 60% OF THE TOTAL INCREASE IN CORE CPI.
TRANSPORTATION SERVICES ARE ALSO UP 13.9% ON THE YEAR. THAT INCLUDES THINGS LIKE CAR INSURANCE, WHICH IS UP 15%.
I’M SIMONE DEL ROSARIO AND IT’S JUST BUSINESS.
Media Landscape
This story is a Media Miss by the right as only 14% of the coverage is from right leaning media. Learn more about this dataBias Distribution
Left
US inflation at 5%, the lowest it has been since 2021
Click to see story on The GuardianU.S. inflation rate eased to 5% in March — lowest rise in almost 2 years
Click to see story on CBC NewsInflation slows to 5% in March, a nearly 2-year low, but core consumer price gains accelerate
Click to see story on USA TodayUS consumer inflation eased but still remained high in March, likely meaning Fed will further raise rates
Click to see story on Associated Press NewsPrice hikes slowed significantly in March
Click to see story on abc NewsUS inflation fell in March for the ninth month in a row
Click to see story on CNNInflation eases again in March, but remains at 5 percent
Click to see story on The Washington PostInflation eased to 5% in March, its lowest level in almost 2 years
Click to see story on CBS NewsInflation eased in March but prices are still climbing too fast for comfort
Click to see story on nprUS core CPI keeps pressure on Fed for another rate rise in May
Click to see story on BloombergInflation slowed significantly in March
Click to see story on abc 6 PhiladelphiaPrice growth cooled to 5% in March, but consumer pain is set to linger
Click to see story on NBC NewsCheaper gas and food provide some relief from US inflation
Click to see story on Star TribuneInflation slowed significantly in March
Click to see story on abc11 RaleighInflation slowed significantly in March
Click to see story on abc30 NewsUS consumer prices rise moderately in March; underlying inflation still hot
Click to see story on InquirerCheaper gas and food provide some relief from US inflation
Click to see story on Alaska Highway NewsInflation slows but stays high enough for Fed to hike again
Click to see story on PoliticoCheaper gas and food provide some relief from US inflation
Click to see story on AJCCheaper gas and food provide some relief from US inflation
Click to see story on Times ColonistInflation slows but stays high enough for Fed to hike again
Click to see story on Lakeland TodayCheaper gas and food provide some relief from US inflation
Click to see story on Airdrie TodayInflation slows but stays high enough for Fed to hike again
Click to see story on Town And Country TodayCheaper gas and food provide some relief from US inflation
Click to see story on Burnaby NowCheaper gas and food provide some relief from US inflation
Click to see story on Delta OptimistCheaper gas and food provide some relief from US inflation
Click to see story on Coast ReporterCheaper gas and food provide some relief from US inflation
Click to see story on SooToday.comCheaper gas and food provide some relief from US inflation
Click to see story on Barrie TodayBrazilian inflation decelerates in March
Click to see story on Merco PressInflation slows but stays high enough for Fed to hike again. Here’s what’s in the latest report
Click to see story on Arizona Daily SunCheaper gas and food provide some relief from US inflation
Click to see story on Dawson Creek MirrorUS consumer prices rise moderately; underlying inflation too hot
Click to see story on ReutersInflation rises 0.1% in March, less than expected
Click to see story on CNBCUS inflation falls to lowest level since May 2021
Click to see story on KRDOUS inflation rate drops to 5% – its lowest level in two years
Click to see story on Sky News UKInflation slowed significantly in March
Click to see story on abc 7 ChicagoInflation slowed significantly in March
Click to see story on abc 7 LAInflation slowed significantly in March
Click to see story on abc 7 NYInflation slows but stays high enough for Fed to hike again
Click to see story on News 4 JAXCheaper gas and food provide some relief from US inflation
Click to see story on WPLGCheaper gas and food provide some relief from US inflation
Click to see story on Chicago TribuneInflation slows but stays high enough for Fed to hike again
Click to see story on Spectrum NewsInflation slows but stays high enough for Fed to hike again
Click to see story on Portland Press HeraldU.S. Inflation Eased to 5% in March
Click to see story on Political WireU.S. inflation rate drops to 5%, lowest in nearly 2 years
Click to see story on Michigan LivePrices Rose Another 5% In March—Lowest Inflation Reading In Nearly Two Years
Click to see story on ForbesU.S. inflation rate continues to ease, falling to 5% over last year
Click to see story on Dallas NewsInflation slows but stays high enough for Fed to hike again. Here’s what’s in the latest report
Click to see story on The Billings GazetteInflation slows but stays high enough for Fed to hike again. Here’s what’s in the latest report
Click to see story on Lincoln Journal StarInflation slows but stays high enough for Fed to hike again. Here’s what’s in the latest report
Click to see story on Tulsa WorldInflation slows but stays high enough for Fed to hike again. Here’s what’s in the latest report
Click to see story on MissoulianUS CPI data released, inflation cools down more than expected
Click to see story on Financial ExpressInflation just hit its lowest rate in almost 2 years
Click to see story on FortuneInflation slows but stays high enough for Fed to hike again. Here’s what’s in the latest report
Click to see story on Montana StandardCheaper gas and food provide some relief from US inflation
Click to see story on Sask TodayCheaper gas and food provide some relief from US inflation
Click to see story on The ColumbianInflation slows but stays high enough for Fed to hike again. Here’s what’s in the latest report
Click to see story on TucsonUS consumer inflation eased but still remained high in March, likely meaning Fed will further raise rates
Click to see story on KOB 4Inflation slows but stays high enough for Fed to hike again. Here’s what’s in the latest report
Click to see story on The SentinelInflation slows but stays high enough for Fed to hike again. Here’s what’s in the latest report
Click to see story on Omaha World-HeraldUS inflation falls to lowest level since May 2021
Click to see story on KTVZCheaper gas and food provide some relief from US inflation
Click to see story on http://www.live5news.comInflation slows but stays high enough for Fed to hike again. Here’s what’s in the latest report
Click to see story on HDR | Hickory Daily RecordConsumer Inflation Slows to 5% Annual Rate
Click to see story on Barron'sCheaper Gas and Food Provide Some Relief From US Inflation
Click to see story on WTTWInflation rises 0.1% in March, less than expected
Click to see story on Financial TimesInflation slows but stays high enough for Fed to hike again
Click to see story on WCNCInflation slows but stays high enough for Fed to hike again. Here’s what’s in the latest report
Click to see story on GoDanRiver.comInflation slows but stays high enough for Fed to hike again. Here’s what’s in the latest report
Click to see story on Rapid City Journal Media GroupInflation slows but stays high enough for Fed to hike again
Click to see story on KVUEUS inflation rate eased to 5% in March; lowest rise in almost 2 years
Click to see story on Times of IndiaCheaper gas and food provide some relief from inflation, yet still high enough for Fed to hike again
Click to see story on Washington TimesUS inflation falls to lowest level in two years
Click to see story on The TelegraphU.S. inflation cools more than expected
Click to see story on Financial PostUS inflation falls to 5% but stubborn core reading means battle is far from over
Click to see story on Evening StandardU.S. Inflation Eased to 5% in March
Click to see story on Wall Street JournalUS inflation decelerates more than expected
Click to see story on Het Laatste NieuwsInflation eased in March to 5%, but core prices remain stubbornly high
Click to see story on Fox BusinessCheaper gas and food provide some relief from US inflation
Click to see story on Albuquerque JournalRight
Untracked Bias
Inflation in the US eased to 5% in March, the lowest in nearly two years
Click to see story on 大纪元 www.epochtimes.comUS inflation in March is the lowest in almost two years
Click to see story on GloboCheaper gas and food provide some relief from US inflation
Click to see story on Mountainview TodayCheaper gas and food provide some relief from US inflation
Click to see story on AlbertaPrimeTimes.comInflation slows but stays high enough for Fed to hike again
Click to see story on Tri-City NewsCheaper gas and food provide some relief from US inflation
Click to see story on Cochrane TodayInflation slows but stays high enough for Fed to hike again
Click to see story on PiqueCheaper gas and food provide some relief from US inflation
Click to see story on Squamish ChiefCheaper gas and food provide some relief from US inflation
Click to see story on New West RecordInflation slows but stays high enough for Fed to hike again
Click to see story on Flin Flon ReminderCheaper gas and food provide some relief from US inflation
Click to see story on SudburyCheaper gas and food provide some relief from US inflation
Click to see story on Bay TodayCheaper gas and food provide some relief from US inflation
Click to see story on St. Albert GazetteUS inflation decelerates more than expected
Click to see story on Het Belang van LimburgCheaper gas and food provide some relief from US inflation
Click to see story on Orillia MattersCheaper gas and food provide some relief from US inflation
Click to see story on Newmarket TodayCheaper gas and food provide some relief from US inflation
Click to see story on Midland TodayCheaper gas and food provide some relief from US inflation
Click to see story on Collingwood TodayCheaper gas and food provide some relief from US inflation
Click to see story on Elora Fergus TodayInflation slows but stays high enough for Fed to hike again
Click to see story on Thorold TodayUS inflation rate eased to 5% in March; lowest rise in almost 2 years – The Economic Times Video
Click to see story on The Economic TimesUS consumer prices rise moderately in March; underlying inflation still hot
Click to see story on WTVBU.S. Consumer Inflation Eased In March
Click to see story on KXLCheaper gas and food provide some relief from US inflation
Click to see story on Rocky Mountain OutlookCheaper gas and food provide some relief from US inflation
Click to see story on WKYTWed. 9:42 a.m.: Cheaper gas and food provide some relief from US inflation
Click to see story on tribtoday.comU.S. Consumer Inflation Eased In March – KFOR FM 101.5 1240 AM
Click to see story on KFOR FM 103.3 1240 AMCheaper+gas+and+food+provide+some+relief+from+US+inflation
Click to see story on Long Island Business NewsOverall Inflation Continues to Fall as Core Inflation Rises
Click to see story on nerdwallet.comInflation in March falls to 5.0% per annum, the lowest level since May 2021 in the US
Click to see story on La OpinionCheaper gas and food provide some relief from US inflation
Click to see story on Vancouver Is AwesomeCheaper gas and food provide some relief from US inflation
Click to see story on Powell River PeakCheaper gas and food provide some relief from US inflation
Click to see story on Bradford TodayCheaper gas and food provide some relief from US inflation
Click to see story on Timmins TodayUS inflation reaches 5% in March, its lowest level in almost two years
Click to see story on Diario El MundoCheaper gas and food provide some relief from US inflation
Click to see story on westernwheel.caVOTE WITH THE UNBIASED, STRAIGHT FACTS.™
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