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Promises made, promises kept: Consumer prices fell in March, defying predictions of tarifflation
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Approved, Breitbart, National

Promises made, promises kept: Consumer prices fell in March, defying predictions of tarifflation

By John Carney | Breitbart U.S. consumer prices fell in March, pushed down by a decline in the price of goods and defying predictions that President Trump’s tariff plans would push up prices. This was the first drop in consumer prices in nearly three years and only the second decline since inflation accelerated under Joe Biden to the worst rates in decades. The consumer price index fell by 0.1 percent compared with the previous month after climbing each month since July 2022. Economists had forecast prices would rise by 0.1 percent. Core consumer prices, a measure that excludes volatile food and energy prices, rose by 0.1 percent, far less than the 0.3 percent expected. This was the smallest rise in core prices since President Trump’s first term as president. READ THE FULL STOR...
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Producer inflation stopped cold in Trump’s first month, core prices fell
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Approved, Breitbart, National

Producer inflation stopped cold in Trump’s first month, core prices fell

By John Carney | Breitbart Promises made, promises kept. “When I win, I will immediately bring prices down, starting on Day One,” Donald Trump said on the campaign trail last summer. Critics claimed, without evidence, that Trump’s tariff plans would raise inflation. Many economists argued that while the rate of price increases might slow, prices would not decline and Americans would simply have to adjust to the new higher price level. In February, however, the core producer price index for final demand declined by 0.1 percent. In other words, prices of goods and services— excluding food and energy—sold by U.S. businesses came down. The broader index for producer prices was flat for the month, indicating that there was no inflation at all in the month. READ THE FULL STORY ...
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Inflation rose to 3% in November in producer price index, surprisingly hot
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Approved, National, Washington Examiner

Inflation rose to 3% in November in producer price index, surprisingly hot

By Zach Halaschak | Washington Examiner Inflation, as measured by the producer price index, rose four-tenths of a percentage point to 3% for the year ending in November, the Bureau of Labor Statistics reported Thursday. The hot inflation rate is more than economists had anticipated and adds to recent signs that price pressures have not yet abated as President-elect Trump prepares to take office. In fact, November marked the largest rise in PPI inflation since February 2023. On a month-to-month basis, the producer price index increased by 0.4%. READ THE FULL STORY AT THE WASHINGTON EXAMINER
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