Economists Predict Core Inflation to Dip Below 3% in May Amid Market Shifts
Amid a backdrop of changing economic conditions, industry experts forecast a significant downturn in core inflation rates. With an eye on current trends, this downturn is anticipated to push the core consumer price index (CPI) beneath the 3% threshold as early as May.
This development arrives in the wake of lowered input costs and a downturn in private consumption, signaling a pivotal moment for economic strategists and market observers alike.
A Closer Look at the Factors Driving Inflation Trends
Economists…