Breaking: US annual CPI inflation rises to 7.9% in February versus 7.9% expected By FXstreetNews Breaking CPI Inflation UnitedStates
, rose to 7.9% YoY in February, up from 7.5% in January, the US Bureau of Labor Statistics reported on Thursday. That was in line median economist forecasts for a reading of 7.9%. The MoM pace of headline price growth was also in line with median economist forecasts at 0.8%, up from January's 0.6% MoM pace of growth. Core CPI came in at 6.4% YoY , up from January's 6.0% reading. MoM, rose at a pace of 0.5%, in line with expected and a tad slower after January's 0.6% MoM reading.
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