Inflation likely cooled last month as businesses braced for higher tariffs

WASHINGTON (AP) — Inflation likely declined last month as the cost of energy, used cars and hotel rooms may have fallen, though President Donald Trump's remaining tariffs could lift prices soon. Consumer prices probably rose 2.6% in March from a year ago, the Labor Department is expected to report Thursday, according to economists' projections compiled by FactSet.

That would be down from February's yearly gain of 2.8%. Excluding the volatile food and energy categories, prices are expected to have risen 3%, down from 3.



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