Liberation Day, President Trump at the Make America Wealthy Again Event – April 2, 2025.
The US Bureau of Labor Statistics reports that in March 2025, the Consumer Price Index (CPI) fell by -0.1% on a seasonally adjusted basis, following a 0.2% increase in February. Over the past 12 months, the CPI rose 2.4%, down from 2.8% in the previous month. Energy prices declined 2.4%, driven by a sharp 6.3% drop in gasoline. Food prices increased 0.4%, with notable gains in eggs and meats. BLS writes:
The Consumer Price Index for All Urban Consumers (CPI-U) decreased 0.1 percent on a seasonally adjusted basis in March, after rising 0.2 percent in February, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 2.4 percent before seasonal adjustment.The index for energy fell 2.4 percent in March, as a 6.3-percent decline in the index for gasoline more than offset
increases in the indexes for electricity and natural gas. The food index, in contrast, rose 0.4 percent in March as the food at home index increased 0.5 percent and the food away from home index rose 0.4 percent over the month.The index for all items less food and energy rose 0.1 percent in March, following a 0.2-percent increase in February.
Indexes that increased over the month include personal care, medical care, education, apparel, and new vehicles. The indexes for airline fares, motor vehicle insurance, used cars and trucks, and recreation were among the major indexes that decreased in March.
The all items index rose 2.4 percent for the 12 months ending March, after rising 2.8 percent over the 12 months ending February. The all items less food and energy index rose 2.8 percent over the last 12 months, the smallest 12-month increase since March 2021. The energy index decreased 3.3 percent for the 12 months ending March. The food index increased 3.0 percent over the last year.
Read more here.
If you’re willing to fight for Main Street America, click here to sign up for my free weekly email.
