US Inflation Rate Back to Negative Territory


Consumer prices in the United States fell 0.1 percent year-on-year in March after being flat in February due to lower energy cost. Yet, core inflation edged up to 1.8 percent.

Year-on-year, the energy index declined 18.3 percent, more than offsetting increases in the indexes for food (up 2.3 percent) and all items less food and energy (up 1.8 percent).  

On a monthly basis, prices increased 0.2 percent for the second consectuvie time in March. Increases in the energy and shelter indexes more than offset a decline in the food index and were the main factors in the rise of the seasonally adjusted all items index. The energy index rose 1.1 percent as advances in the gasoline and fuel oil indexes outweighed declines in the electricity and natural gas indexes. In contrast, the food index declined 0.2 percent, with the food at home index posting its largest decline since April 2009.

US Inflation Rate Back to Negative Territory


BLS | Joana Taborda | joana.taborda@tradingeconomics.com
4/17/2015 8:21:31 PM