The consumer price index rose 2.4% for the 12 months ended in March, down from 2.8% in February, the U.S. Bureau of Labor Statistics reported Thursday, indicating that inflation decelerated.

In March, inflation was 3.7 percent according to the HICP. Inflation is measured every month as the change in the Consumer Price Index (CPI) relative to the same month of the previous year. The CPI ...

The consumer price index rose 2.4% for the 12 months ended in March, down from 2.8% in February, the U.S. Bureau of Labor Statistics reported Thursday, indicating that inflation decelerated.