US Consumer Prices Rise as Expected

EthereumCraftsman · 2026-03-11T13:10:18+00:00

In February, the US consumer price index increased by 0.3%, driven by sharp rises in fuel oil and gasoline prices, alongside a 0.4% rise in food costs. Core prices edged up to 0.2%, influenced by higher medical care costs despite declines in used car prices.

EthereumCraftsman

2026-03-11 13:10:18

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The US consumer price index rose by 0.3% from the previous month in February, picking up from the 0.2% increase in the previous month and matching market expectations. Prices rose sharply for fuel oil (11.1 vs -5.7% in January) and gasoline (0.8% vs -3.2%), lifting aggregate energy costs by 0.6%. Energy prices are due to rise further in March as the war in Iran triggered a surge in energy commodity prices. In the meantime, food costs rose by 0.4% (vs 0.2%) amid increases in food at home (0.4% vs 0.2%) and away from home (0.3% vs 0.1%). Core consumer prices rose by 0.2% from the five-month high of 0.3% in January, with support from medical care services (0.6% vs 0.3%) offsetting the decline in used cars and trucks (-0.4% vs -1.8%).

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