US Annual Inflation Slides to Lower-Than-Expected 2.8 Percent

Lower gasoline prices fueled last month’s decline in the consumer price index.

A woman looks at eggs at a store in New York City on Feb. 17, 2025. Samira Bouaou/The Epoch Times

The latest U.S. annual inflation rate, released on March 12, came in below economists’ expectations, driven by lower energy costs.

According to the Bureau of Labor Statistics, the annual inflation rate slowed to 2.8 percent in February, down from 3 percent in January.