US inflation slows in March, offering relief before looming tariff impact

Quick Summary:

The inflation slowdown reflected a decline in energy costs, used vehicles, hotel stays and airfares.

Even with some tariffs already in place in March, some of the categories more exposed to China posted declines, including toys, appliances and smartphones.

The US began collecting tariffs last month on imported steel and aluminum, and levies on China now stand at 125% after retaliation from Beijing earlier this week.

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Article Details

Category: BusinessFinance

Markets: IndiaChina

Topics: Federal Reserve US inflation

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-10 @ 19:47:56 (5 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 539 words

Reading Time: 3 minutes read

Sentences: 21 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 27774166

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 250 posts per day

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News Last Updated: 2 hours ago

Coverage Areas: India

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