US March CPI Falls 0.4% Month-on-Month... Drops More Than Market Expectations

[Asia Economy Reporter Minwoo Lee] The US Consumer Price Index (CPI) for March fell by 0.4% compared to the previous month.

The US Bureau of Labor Statistics announced this figure on the 10th. This decline was larger than the market expectation of a 0.3% decrease. Last month, the CPI had recorded a 0.1% increase.