01:30 PM GMT, United States - Inflation Data for February:
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CPI: actual 2.8% YoY; forecast 2.9% YoY; previous 3.0% YoY;
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CPI: actual 0.2% MoM; forecast 0.3% MoM; previous 0.5% MoM;
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Core CPI: actual 0.2% MoM; forecast 0.3% MoM; previous 0.4% MoM;
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Core CPI: actual 3.1% YoY; forecast 3.2% YoY; previous 3.3% YoY;
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Create account Try a demo Download mobile app Download mobile appShelter remains the key contributor to Core CPI, highlighting persistent inflationary pressures in housing costs. However, there are signs of cooling down.
EURUSD moves higher following a lower-than-expected CPI print, boosting market sentiment. The US100 is up 1.2%, while the US500 gains 0.88%. Cryptocurrencies are also rebounding after the news.
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