U.S. consumer prices dropped unexpectedly in March and marked the first annual drop since 1955, according to the latest data from the Bureau of Labor Statistics (BLS) provided on Wednesday, April 15.
The Consumer Price Index (CPI) data has the annual inflation rate at -0.4% compared to the February rate of 0.2%. On a monthly basis, consumer prices fell 0.1 percent, after increasing 0.4 percent in February.
The Inflation Calculator is updated with the newest government information, as are the following pages:
For an in depth look at March consumer prices, read Consumer prices drop 0.1%.