BUSINESSMARKETWATCH
Consumer prices fall for first time since 2020 pandemic, but fight vs. high inflation isn’t over
Consumer prices fell for the first time since the 2020 pandemic, driven by a plunge in gas prices during an Iran ceasefire. However, renewed conflict threatens to undermine progress in the fight against high inflation.
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Adjacent reporting
- Falling gas prices likely cut inflation last month but renewal of Iran war could undo progress
- Falling gas prices likely cut inflation last month but renewal of Iran war could undo progress
- Falling gas prices likely cut inflation last month but renewal of Iran war could undo progress
- "It's amazing how resilient consumer spending has been" amid the war, analyst says
- UK consumers likely to face higher prices ‘for many months to come’