Gas Prices Helped Drive Softer March Inflation

Gas Prices Helped Drive Softer March Inflation

Low prices astatine the pump were a large contributor to the important cooling successful ostentation past month, but vigor prices wide were softer arsenic well.

The wide vigor scale saw an outright diminution of 2.4% period implicit period successful March, the BLS reported Thursday. That’s compared to the 0.2% emergence successful February. Over the past year, vigor prices declined 3.3%.

The scale for gasoline fell by a melodramatic 6.3% period implicit month. Compared with a twelvemonth ago, state prices person declined 9.8%.