• U.S CPI lower than expected in March

Market news

11 April 2018

U.S CPI lower than expected in March

The Consumer Price Index decreased 0.1 percent in March on a seasonally adjusted basis after rising 0.2 percent in February, theU.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index rose 2.4 percent before seasonal adjustment.

A decline in the gasoline index more than outweighed increases in the indexes for shelter, medical care, and food to result in the slight seasonally adjusted

decline in the all items index. The energy index fell sharply due mainly to the 4.9-percent decrease in the gasoline index. The index for food rose 0.1 percent over the month, with the indexes for food at home and food away from home both increasing.

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