Inflation rose at an unexpected low level of 2.8% in February and the price of eggs, the symbolic measure of post-election price increases, dropped sharply in March.

U.S. wholesale inflation decelerated last month, suggesting that price pressures are easing for now. But the progress may not last as President Trump intensifies his trade wars. The Labor Department reported Thursday that its producer price index — which tracks inflation before it reaches consumers — was unchanged from January