High inflation in the United States has fallen more than expected. In March, consumer prices rose 5.0 percent compared to the same month last year, the US Department of Labor reported Wednesday.
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This is the smallest increase in prices since May 2021. Analysts had, on average, expected a fall in inflation to 5.1 percent. However, in February, inflation in the US was still 6.0 percent.
Compared to a month earlier, prices in the US rose by 0.1 percent in March. An average of 0.2 percent was expected here.