U.S. CPI Data for February Comes in Well Below Expectations

BlockBeats News, March 12, the U.S. February non-seasonally adjusted CPI year-on-year rate recorded 2.8%, the lowest since last November;

U.S. February seasonally adjusted CPI monthly rate recorded 0.2%, the lowest since last October.

U.S. February non-seasonally adjusted core CPI year-on-year rate recorded 3.1%, the lowest since April 2021;

U.S. February seasonally adjusted core CPI monthly rate recorded 0.2%, the lowest since last December. (FXStreet)