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US Annual Inflation Falls to 5% in March 2023, Lower Than Expected
The inflation rate slowed for a ninth straight month as gasoline and grocery prices recorded a big drop.
Annual inflation in the US fell from 6% to 5% in March 2023, lower than expected. The inflation rate slowed for a ninth straight month as gasoline and grocery prices recorded a big drop. IMF Predicts Modest Global Growth, Slowly Receding Inflation.
US Annual Inflation Falls to 5%:
JUST IN - US annual inflation falls from 6% to 5% in March.
— Disclose.tv (@disclosetv) April 12, 2023
Lower Than Expected:
BREAKING: US reports inflation rate of 5%, lower than expected.
— The Spectator Index (@spectatorindex) April 12, 2023
(The above story first appeared on LatestLY on Apr 12, 2023 06:22 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).