March inflation report: 3.3% YoY, 0.9% increase from February

6,344 Views | 84 Replies | Last: 1 mo ago by BigRobSA
Old McDonald
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the march inflation report from BLS dropped today:
Quote:

  • The consumer price index increased a seasonally adjusted 0.9% in March putting the annual inflation rate at 3.3%.
  • However, core prices rose much less just 0.2% for the month and 2.6% from a year ago, both 0.1 percentage point below forecast, indicating that underlying inflation was contained.
  • The Iran conflict was the story for the monthly inflation reading, as gasoline soared 21.2%, accounting for nearly three-quarters of the headline price increase, according to the BLS.


nothing we didn't already know or expect, but still staggering to see how dramatic an impact trump's war in iran had on the headline inflation rate. 0.9% is the highest monthly increase since june 2022, during the peak of covid-era inflation surge.
annie88
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AG
Oh no, the world's gonna end tomorrow.

You got him now!
I don’t get enough credit for the things I manage not to say.
Windy City Ag
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It is going to be interesting watching Kevin Warsh try to argue for rate cuts at his his upcoming hearing.
Ervin Burrell
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annie88 said:

Oh no, the world's gonna end tomorrow.

You got him now!


Suddenly inflation isn't important and gets handwaved away when it occurs under your God Emperor…shocker.

But anyway, I'm sure these numbers are fake and the economists who worked on them are woke, deep state, DEI hire Marxists who are lying and need to be fired.
VedderAg
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March's consumer price index report showed that inflation was in line with expectations, standing at 0.9% for the month and 3.3% on an annual basis. That incorporated a 10.9% jump in energy costs due to the conflict.

When excluding energy prices, however, the report revealed inflation was tame last month. Core CPI increased just 0.2% for the month and 2.6% compared with a year ago, coming in below expectations. Inflation had been sticky at 3% heading into the Iran war, which has been going on for nearly six weeks.

Got him now!

https://stocks.apple.com/AWLxJvVsUSuO-ly2RzltoAQ
Equinox
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"Those are rookie numbers"

/President Autopen
Windy City Ag
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Quote:

March's consumer price index report showed that inflation was in line with expectations, standing at 0.9% for the month and 3.3% on an annual basis. That incorporated a 10.9% jump in energy costs due to the conflict.

When excluding energy prices, however, the report revealed inflation was tame last month. Core CPI increased just 0.2% for the month and 2.6% compared with a year ago, coming in below expectations. Inflation had been sticky at 3% heading into the Iran war, which has been going on for nearly six weeks.

Got him now!


The worst part of the report was the uptick in consumer prices, specifically airfare, due to the conflict.

This is going to radiate out through the economy for half a year. Plastics, fertilizer, industrial metals, and many other items are all predicted to be margin headwinds for manufacturers, consumer companies, and farmers in the months ahead.

In some way, the tariffs being struck down might be a saving grace as firms get relief on that front while having another geo-political log thrown on the fire elsewhere.
Old McDonald
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annie88 said:

Oh no, the world's gonna end tomorrow.

You got him now!

he got himself
91_Aggie
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when Trump took over Inflation was at 3.1%.
It's higher now.

Here are direct quotes from Trump's campaign promises:
"Starting on Day 1, we will end inflation and make America affordable again."
"When I win, I will immediately bring prices down."
"Prices will come down… they'll come down fast."
"A vote for Trump means your groceries will be cheaper."
"Inflation will vanish completely."
"We will end the inflation nightmare."
His biggest lever to lower inflation were these promises:
"We will be slashing energy and electricity prices by half within 12 months."
"We're going to get your energy prices down… by 50%."

By way of comparison, here are the inflation rates in the last 6 months of Biden's term
July 2.9%
August 2.5%
September 2.4%
October 2.6%
November 2.7%
December 2.9%

In Feb, 2026 it was at 2.4%
but now it's higher than what Biden left him.


91_Aggie
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it's Also worth pointing out that the .9% increase from Feb to Mar is without any major increases in goods pricing due to the higher fuel costs. that will appear in the next few months as companies start charging more goods due to higher fuel costs.
Logos Stick
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LOL, the mean inflation rate under dumbass Joe was 5%! With Trump it's 2.6% thus far. Looking at a single month is idiotic.
schmendeler
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Turns out he was full of **** like always.
annie88
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Ervin Burrell said:

annie88 said:

Oh no, the world's gonna end tomorrow.

You got him now!


Suddenly inflation isn't important and gets handwaved away when it occurs under your God Emperor…shocker.

But anyway, I'm sure these numbers are fake and the economists who worked on them are woke, deep state, DEI hire Marxists who are lying and need to be fired.

Because it changes every month. It will go up. It will go down. It will go back up and go down. It's one month and it's way lower than under Biden. And oh my gosh, sometimes it depends on what's going on in the country and the world. Just like gas prices and the stock market.

It would be interesting to see a comparison of 20 to 24 with 16 to 20 and 24 until now. Trends make a difference. Not sure you understand that.

But I see you got upset again.

But good for you and old MacDonald. You got him!

eieio.
I don’t get enough credit for the things I manage not to say.
annie88
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Logos Stick said:

LOL, the mean inflation rate under dumbass Joe was 5%! With Trump it's 2.6% thus far. Looking at a single month is idiotic.

It is and the usual suspects are crowing.

GOT HIM!!
I don’t get enough credit for the things I manage not to say.
Sid Farkas
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CMs and progressives defended Biden when he had inflation at 9.1%; and he was calling a lid at 2pm daily and lugging around a full diaper...meanwhile Trump has inflation at 1/3 that rate and works 24-7 ending Islamic fascism.
91_Aggie
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Lowering Inflation and bettering the economy was Trump's #1 Campaign Platform.

So, while Biden did have high inflation across the majority of his term (no one is denying that but he was dealing with coming out of Covid and Russian invasion of Ukraine), but the facts are that Trump inherited these 6 months of inflation:

Jul 2.9%
Aug 2.5%
Sep 2.4%
Oct 2.6%
Nov 2.7%
Dec 2.9%

During his campaign when he was making his promises, here are the dates he said those so anyone can compare them objectively to the what the inflation rate was when promised them:

July 18: "I will end the devastating inflation crisis immediately."
Aug 9: "Starting on day one, we will end inflation and make America affordable again."
Aug 14: "I will immediately bring prices down starting on Day 1."
Aug 17: "Starting the day I take the oath… I will rapidly drive prices down."
Aug 17: "We're going to get your energy prices down by 50%."
Sep 5: "Energy is going to bring us back… bring down the price of everything."

so when he was promising to deliver the USA from the HIGH INFLATION during his campaign, you can see what that "high inflation" actually was when he was promising it.

If someone were going to be objective and actually see the facts as they are, what is the takeaway of his promises vs what was the reality at the time and what the reality is today?
Teslag
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Ervin Burrell said:

annie88 said:

Oh no, the world's gonna end tomorrow.

You got him now!


Suddenly inflation isn't important and gets handwaved away when it occurs under your God Emperor…shocker.

But anyway, I'm sure these numbers are fake and the economists who worked on them are woke, deep state, DEI hire Marxists who are lying and need to be fired.

Post 4,294 of this guy never addressing or taking a policy position
91_Aggie
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Logos Stick said:

LOL, the mean inflation rate under dumbass Joe was 5%! With Trump it's 2.6% thus far. Looking at a single month is idiotic.

I wasn't being idiotic. I was comparing the last 6 months of inflation numbers in Biden's term vs the promises made Trump about lowering inflation and costs.

Trump promised "immediately" and "day 1" and 50% reduction in energy and fuel costs.

None of that transpired and we are now worse off than what Biden left him.

oh no
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hard to have a serious conversation when the same low IQ useful idiots who said nothing when Biden brought us 40 year record inflation across the boards want to get off on "God Emperor" bs just because someone dismissed 3.3% this month where 75% of it is a known temporary gas spike that is already coming down.
Logos Stick
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91_Aggie said:

Lowering Inflation and bettering the economy was Trump's #1 Campaign Platform.

So, while Biden did have high inflation across the majority of his term (no one is denying that but he was dealing with coming out of Covid and Russian invasion of Ukraine), but the facts are that Trump inherited these 6 months of inflation:

Jul 2.9%
Aug 2.5%
Sep 2.4%
Oct 2.6%
Nov 2.7%
Dec 2.9%

During his campaign when he was making his promises, here are the dates he said those so anyone can compare them objectively to the what the inflation rate was when promised them:

July 18: "I will end the devastating inflation crisis immediately."
Aug 9: "Starting on day one, we will end inflation and make America affordable again."
Aug 14: "I will immediately bring prices down starting on Day 1."
Aug 17: "Starting the day I take the oath… I will rapidly drive prices down."
Aug 17: "We're going to get your energy prices down by 50%."
Sep 5: "Energy is going to bring us back… bring down the price of everything."

so when he was promising to deliver the USA from the HIGH INFLATION during his campaign, you can see what that "high inflation" actually was when he was promising it.

If someone were going to be objective and actually see the facts as they are, what is the takeaway of his promises vs what was the reality at the time and what the reality is today?



He has lowered it.

5% under Joe

2.6% under Trump


math is hard!
Queso1
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Even for this MAGA guy, "got him" has lost all meaning other than telling me I'm dealing with a braindead sycophant.
Ag87H2O
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President Trump made a conscious, informed decision to go after the Islamic leadership in Iran knowing full well what it might mean for prices in the short term, but convinced it was the right thing to do for the long term good of America. He was willing to take the political hit in the best interests of the country. That's what a good leader does.
Logos Stick
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91_Aggie said:

Logos Stick said:

LOL, the mean inflation rate under dumbass Joe was 5%! With Trump it's 2.6% thus far. Looking at a single month is idiotic.

I wasn't being idiotic. I was comparing the last 6 months of inflation numbers in Biden's term vs the promises made Trump about lowering inflation and costs.

Trump promised "immediately" and "day 1" and 50% reduction in energy and fuel costs.

None of that transpired and we are now worse off than what Biden left him.




LOLOL

He did that. here are the numbers. so for 13 months - from day 1 - they were lower, This month its higher and NONE OF THAT TRANSPIRED?!?! wtf are you talking about?



Jan 2025 3.0% - Biden

Feb 2025 2.8%
Mar 2025 2.4%
Apr 2025 2.3%
May 2025 2.4%
Jun 2025 2.7%
Jul 2025 2.9%
Aug 2025 2.5%
Sep 2025 2.4%
Oct 2025 N/A
Nov 2025 2.7%
Dec 2025 2.9%
Jan 2026 2.4%
Feb 2026 2.4%
91_Aggie
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Looks there are two answers here.

1. Yes, the average Inflation rate over each President's terms, Biden's was 5% and trumps is actually 2.7% (using March's 3.1% value)

2. Trump has not lowered the inflation rate that it was at the time he made promises to lower inflation, and it is currently higher than what he inherited from Biden.

See math is not hard. Just have to define what the actual debate is about.


91_Aggie
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Ag87H2O said:

President Trump made a conscious, informed decision to go after the Islamic leadership in Iran knowing full well what it might mean for prices in the short term, but convinced it was the right thing to do for the long term good of America. He was willing to take the political hit in the best interests of the country. That's what a good leader does.

So Trump gets a pass on a questionable call (the intelligence on how close Iran was to nuclear weapons is not 100% clear either way), but Biden doesn't get a pass on what was the biggest worldwide major crisis since WWII with Covid and then Russia invading Ukraine?

Logos Stick
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91_Aggie said:

Looks there are two answers here.

1. Yes, the average Inflation rate over each President's terms, Biden's was 5% and trumps is actually 2.7% (using March's 3.1% value)

2. Trump has not lowered the inflation rate that it was at the time he made promises to lower inflation, and it is currently higher than what he inherited from Biden.

See math is not hard. Just have to define what the actual debate is about.





Yes he did. Can you not read numbers?!. Every month the YoY rate was lower until this month!

So under your "logic", had the rate remained lower than Biden's last month in office, until the final month of Trumps term, 47 months after taking office, then per you, Trump would have failed on his promise. That's weapons grade dumb! I'm not engaging you anymore.
91_Aggie
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oh no said:

hard to have a serious conversation w when Biden brought us 40 year record inflation across the boards want to get off on "God Emperor" bs just because someone dismissed 3.3% this month where 75% of it is a known temporary gas spike that is already coming down.

Staff, sorry for quoting a trolling post, but I'll take out the trolling and ad homimen parts:

It was a spike of .9% for a single month. It takes more than a month for grocery/goods/products pricing to go up due to higher fuel costs, so a .9% increase means there is likely more than just the higher gas prices... higher gas prices alone isn't enough to account for that so something more is going on to cause that.

I'm sure some will dismiss it as an aberration, but we can all watch next 6-9 months to see what happens.
I'm not a zealot on either side. I think Trump is not really doing what is best for America but rather what is good for himself.

If I'm wrong, I'll admit here.

I'm not emotionally invested so feel free to attack me instead of the data.

JWinTX
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Old McDonald said:

the march inflation report from BLS dropped today:
Quote:

  • The consumer price index increased a seasonally adjusted 0.9% in March putting the annual inflation rate at 3.3%.
  • However, core prices rose much less just 0.2% for the month and 2.6% from a year ago, both 0.1 percentage point below forecast, indicating that underlying inflation was contained.
  • The Iran conflict was the story for the monthly inflation reading, as gasoline soared 21.2%, accounting for nearly three-quarters of the headline price increase, according to the BLS.


nothing we didn't already know or expect, but still staggering to see how dramatic an impact trump's war in iran had on the headline inflation rate. 0.9% is the highest monthly increase since june 2022, during the peak of covid-era inflation surge.


Yay!! Let's get the Dems back in charge, so we can go back to those great Biden years of economic policy...
91_Aggie
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Again, Trump's biggest promises on the economy were stated in a way that indicated how Dire things were at the time he said them.

Biden's last full year annual inflation was 2.9%
Trumps current term is 2.7%

so yes, he met his promise of lowering inflation for the average of his term by .2%

I'll give you that.

But now it is trending up again.
I guess if someone wanted to say "Mission accomplished" that once it was slightly lower, then "promise kept" and it doesn't matter what it does for the rest of the term, then that person wins the debate against me.

so congratulations, i guess
oh no
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when dems were pushing for a multi-trillion dollar "green new deal" of government spending, a trillion dollar "infrastructure" bill of government spending that wasn't going to be spent on "infrastructure", and passing a trillion dollar "climate" bill while calling it "the inflation reduction act", all during an inflationary period while coming out of covid when emergency spending had already been out of control, they didn't say anything about Jimmy Carter levels of inflation. they even had pravda msm pumping out articles that inflation was a good thing... ...but the Straight of Hormuz causes a gas spike and it's time to freak out about inflation. That is the game being played and it has nothing to do with blanket insults that insinuate anyone who isn't freaking out with you is worshiping a "God Emperor"
ErnestEndeavor
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Those inflation numbers have not fully baked in the higher price of diesel and plastics. Goods will likely get more expensive over the next few months as the cost in manufacturing and transport increase.

Also, the University of Michigan consumer sentiment survey recorded its lowest number ever.

https://www.wsj.com/economy/consumer-sentiment-hits-record-low-per-michigan-survey-01ab85fe
Pacifico
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ErnestEndeavor said:

Those inflation numbers have not fully baked in the higher price of diesel and plastics. Goods will likely get more expensive over the next few months as the cost in manufacturing and transport increase.

Also, the University of Michigan consumer sentiment survey recorded its lowest number ever.

https://www.wsj.com/economy/consumer-sentiment-hits-record-low-per-michigan-survey-01ab85fe

Bad Trump.
MouthBQ98
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lol. A monthly number based very obviously on one single volatile commodity that will rapidy drop again once full supply is restored. Nothing to freak out over.
91_Aggie
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MouthBQ98 said:

lol. A monthly number based very obviously on one single volatile commodity that will rapidy drop again once full supply is restored. Nothing to freak out over.

So, a single month huge jump that still doesn't actually have anything other than fuel price baked in plus surveys showing consumer sentiment at lowest level ever.

Yeah, nothing to freak out over. I'm sure Trump will have that Strait of Hormuz reopened in no time since Iran already fully capitulated and Trump brokered that great ceasefire that opened it two days ago.
aggiehawg
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91_Aggie said:

MouthBQ98 said:

lol. A monthly number based very obviously on one single volatile commodity that will rapidy drop again once full supply is restored. Nothing to freak out over.

So, a single month huge jump that still doesn't actually have anything other than fuel price baked in plus surveys showing consumer sentiment at lowest level ever.

Yeah, nothing to freak out over. I'm sure Trump will have that Strait of Hormuz reopened in no time since Iran already fully capitulated and Trump brokered that great ceasefire that opened it two days ago.

Bet you sell stock on every single market dip, don't you. One either has a short term view (NEEED instant gratification) or a longer term view (patience.)

At least Trump is not so stupid to enact windfall profit taxes in a knee jerk reaction to a supply issue like Carter did.
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