April 10, 2025
United States:
US Inflation Unexpectedly Slows Down Ahead of Tariffs Impact
US inflation cooled broadly in March, indicating some relief for consumers prior to widespread tariffs that risk contributing to price pressures.
The consumer price index, excluding often volatile food and energy costs, increased 0.1% from February, the least in nine months, according to Bureau of Labor Statistics data out Thursday. The overall CPI declined 0.1% from a month earlier, the first decrease in nearly five years.
Europe:
German Economy to Stagnate in 2025 on Tariffs, Advisers Say
The German economy won’t see meaningful growth this year and Donald Trump’s tariff policies threaten an even bleaker outcome, according to the country’s leading research institutes.
Gross domestic product will only increase 0.1% in 2025 following two years of contraction, less than the 0.8% predicted in September, they said in a collective outlook issued twice a year. For 2026, they predict 1.3% expansion, the same as before.
Asia:
China’s Consumer Deflation Persists as Trade War Poses New Risks
China’s consumer deflation extended for a second month in March, as an escalating trade war with the US threatens to put more downward pressure on prices.
The consumer-price index declined 0.1% from a year earlier, the National Bureau of Statistics said Thursday, compared with a 0.7% drop in the previous month.
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