US Consumer Price Index Falls 0.4% in March

The consumer price index fell 0.4% in March, the biggest decrease since 2015, according to a recent announcement from the U.S. Labor Department.

  • Economists had predicted a 0.3% slide.
  • Prices had gone up 0.1% in February before the coronavirus crisis.
  • In the 12 months through March 2020, the CPI increased 1.5%, the smallest advance since February 2019. 
  • The CPI has accelerate 2.3% in February 2019.
  • The health crisis is expected to put the US on a deflationary trend, said analysts.

NEWSWIRE

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