Developed goods inflation slowed sharply to 1.0% from 2.5% in February, while food prices for the first time since February 2015 fell to 3.7% from 3.4%. Core inflation, excluding volatile items like food and energy, eased to 3.3% in March, its lowest level since June 2022.

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Developed goods inflation slowed sharply to 1.0% from 2.5% in February, while food prices for the first time since February 2015 fell to 3.7% from 3.4%. Core inflation, excluding volatile items like food and energy, eased to 3.3% in March, its lowest level since June 2022.

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