Inflation cools down!

📉 Inflation cools down! March saw inflation at 2.4%, lower than expected! 🎉

Gas prices took a welcome dip ⛽, but food prices are still on the rise 🍎.
Interesting to note the impact of potential tariffs looming in April – could this be a temporary breather? 🤔

The back-and-forth on trade policies is definitely keeping businesses and consumers on their toes 😬.

Key takeaways:
Inflation (year-over-year): ⬇️ to 2.4% (vs. 2.8% in Feb)
Core inflation (excl. food & energy): ⬇️ to 2.8% (lowest since March 2021!)
Gasoline prices: 📉 6.3%
Food prices: ⬆️

Tariff uncertainty adds a layer of complexity 🚧