16 Mar 2016
US CPI-core rises more than forecast for second month
The US Labor Department released today showed the core consumer price, which does not include volatile food and energy component, beat estimates for a second month.
Core CPI rose 0.3% in February from a month earlier, the same as in January, topping the estimated figure of 0.2%. The headline CPI fell 0.2% as expected.
Another set of data showed housing starts climbed more than forecast in February.
Core CPI rose 0.3% in February from a month earlier, the same as in January, topping the estimated figure of 0.2%. The headline CPI fell 0.2% as expected.
Another set of data showed housing starts climbed more than forecast in February.