As Producer And Consumer Prices Fall, Is Inflation Finally In The Rear-View Mirror? https://dailytorch.com/2025/04/as-producer-and-consumer-prices-fall-is-inflation-finally-in-the-rear-view-mirror/
Producer prices dropped 0.4 percent in March, following consumer prices dropping 0.1 percent, according to the latest data from the Bureau of Labor Statistics, amid continued drops in food and energy prices, particularly on the producer side, which saw 2.1 percent and 4 percent drops, respectively. These price drops came prior to President Donald Trump’s April announcements of reciprocal tariffs (now paused) and 10 percent tariffs globally except for China, which is currently seeing a 145 percent tariff. Since then, there have been further drops in commodities prices including oil that factor into producer prices. Light sweet crude oil has dropped from $72 a barrel down to $60 a barrel, a 16.6 percent drop. All of which means inflation is falling — and appears poised to continue falling — in spite of repeated predictions by opponents of President Donald Trump’s tariffs of both parties that prices would rise in response to his tariffs on Canada, Mexico, China and the rest of the world. It simply has not happened, with consumer inflation the past 12 months now at 2.4 percent and producer inflation at 2.7 percent. That’s coming off peak consumer inflation of 9.1 percent in June 2022 and producer inflation of 11.3 percent in June 2022. The trend is down and has been. Is inflation finally in the rear-view mirror?
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