Inflation eased to 2.4% in March, which was lower than expectations

There is new data out showing inflation is slowing, but it could sell trouble for the consumer.

This month’s Consumer Price Index shows a 0.1 percent drop in March, where the markets were expecting a 0.1 percent gain. On the year, the CPI is up 2.4 percent, and the markets were expecting 2.5 percent.

This could mean consumers have hit their limit.

Related Stories
Dry conditions have severely impacted key winter wheat states with persistent moisture deficits. As quality declines, analysts warn some crops may be lost despite upcoming rain.
Rising ethanol stocks and softer gasoline demand bear watching, but stronger blending activity and exports offered some support.
Corn export demand remains supportive, but weak pork and rice sales show uneven global demand trends.
Rising poultry supply is pressuring prices despite steady demand.
Donald Chase of Chase Farms joined us to discuss drought conditions, planting progress, input costs, and the outlook for Georgia agriculture.
Tasting events in Ghana highlight potential for new export markets

LATEST STORIES BY THIS AUTHOR:

U.S. Agriculture Secretary Tom Vilsack announced the USDA will help dairy producers dealing with High-Path Avian Flu (HPAI) H5N1 outbreaks in their herds.
Host Janie Johnson gets an inside look at the AQHA’s “Best of the Remuda” award winning ABar Ranch as they host their annual horse sale, an exciting event you have to see to believe.