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Core consumer prices fell in February to their lowest level in nearly four years as the inflation rate came in lower than economists had predicted, the latest figures show. The news is another huge win for President Donald Trump’s administration. In response to the figures, Trading Economics reported: “The annual core consumer price inflation rate in the United States, which excludes items such as food and energy, eased to 3.1% in February 2025, from 3.3% in the prior month and below market expectations of 3.2%. “It is the lowest figure since April 2021.”