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flag US consumer prices held steady in March, with spending up 0.7%, yet the economy shrank 0.3% in Q1.

flag US consumer prices were stable in March, with the PCE price index showing little change, rising 2.3% annually. flag Consumer spending increased by 0.7%, driven by car sales and anticipation of tariffs. flag Core inflation, excluding food and energy, rose 2.6% annually. flag Despite this growth, the economy shrank 0.3% in the first quarter due to import increases ahead of tariffs. flag Economists predict inflation could rise again due to these tariffs.

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