#EconomicNews #ConsumerPrices #USInflation
Consumer prices in the United States rose by 2.4% in March 2024 compared to the same period in 2023, falling below market expectations. This data was released by the US Department of Labor on the 10th of the month.
Inflation is a key economic indicator that measures the rate at which the prices of goods and services increase over time. The 2.4% increase in consumer prices suggests a moderate level of inflation in the US economy during the specified period.
Ramesh Khatri, a representative of Kansai Nepal News, commented on the news, stating that while the slight rise in consumer prices may indicate some inflationary pressures, it is important to closely monitor future trends to assess the overall impact on the economy.
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Author: MAYA | HARUTO
Posted at: April 11, 2025 12:01 am