CPI Inflation Hits 15-Month Low, Falling to 5.6%

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The Bureau of Labor Statistics has recently released new data indicating that prices increased by 5% over the course of the year ending in March. While this rate is slightly lower than the 6% reported in February, it is still a significant figure. Moreover, when compared to February, March saw a marginal increase in prices of just 0.1%. These figures suggest a degree of stability in the economy but also highlight ongoing concerns about inflation.

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