Inflation Is Down, Energy Prices Are down, & Egg Prices Are Down
April 10, 2025
“February Inflation Cooled And Egg Prices Dropped In March
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Egg prices, which soared nearly 60% from February a year ago and rose 12.5% in January, dropped sharply in March from over $8 a dozen at the beginning of the month to $5.51 on Tuesday, March 11.
In another positive sign, shelter costs rose 4.2% from a year ago on an unadjusted basis, the smallest annual monthly increase since December 2021.
The inflation rate for food at home was well under the overall CPI in February, reaching 1.9%, while restaurant prices continued to track above, rising 3.7%.
Energy prices dropped 0.2%, with both fuel oil and gasoline down 5.1% and 3.1%, respectively.
New car prices declined 0.3% and shoppers got a reprieve when buying televisions (-8.8%), computers (-6%) and smartphones (-13.7%), while prescription drug prices rose 4.6%.
Service prices remain a sticking point, with transportation services up 6%, recreation services, including cable, satellite and streaming television services, rising 4.3% and medical care services up 3%…”