Inflation rate rose by 2.4% in March, CPI report shows. Here's what that means. [CBS News]
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Source: CBS News
By the numbers The CPI was forecast to rise 2.6% last month, according to economists polled by financial data firm FactSet. The CPI, a basket of goods and services typically bought by consumers, tracks the change in those prices over time. March's report comes after inflation rose 2.8% on an annual basis in February. On a monthly basis, prices actually fell 0.1% in March, the first monthly drop in nearly five years. Inflation eased last month due partly to lower fuel prices, with gasoline tumbling 9.8% on an annual basis, the U.S. Bureau of Labor Statistics said. Another reason prices fell was sharp drops in travel-related costs, including airfares, which decreased 5.3% just from February to March. Hotel room prices dropped 3.5%. Economists said those declines in part reflected much slower international demand as the number of tourists visiting the United States has fallen sharply amid Trump's aggressive trade policy. Visits to the United States from overseas fell nearl
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BCS
Sec Filings
- 12/2/25 - Form 6-K
- 12/1/25 - Form 6-K
- 11/28/25 - Form 6-K
- BCS's page on the SEC website