US CPI rose 0.4% mom in February, matched expectations. CPI core (ex-food and energy) rose 0.4% mom, above expectation of 0.3% mom. Food index was unchanged whole energy index rose 2.3% mom.
Over the 12-month period, headline CPI accelerated from 3.1% yoy to 3.2% yoy, above expectation of 3.1% yoy. CPI core slowed from 3.9% yoy to 3.8% yoy, above expectation of 3.7% yoy. Energy index was down -1.9% yoy while good index was up 2.2% yoy.
Full US CPI release here.
