The United States inflation was in 2.8% per year, below the market expectation

The United States inflation was in 2.8% per year, below the market expectation

The United States inflation in February was 2.8%, and decelerated compared to January that was 3%. The monthly CPI was 0.2%.

The United States inflation was 2.8%, below the 2.9% predicted the market. The monthly CPI was also 0.2%, compared to 0.3% expected. In this way the annual inflation rate in the US decelerated its growth rate for the first time in four months.

It should be noted that this data corresponds to February from January 3% and slightly below market expectations. In monthly terms, The CPI increased 0.22% (against 0.3% estimated) after 0.5% the previous month, which was the highest reading since August 2023.

In turn, The core rate consumer prices retreated 3.1% in February, from January 3.3% and below the expected 3.2%. It was the interannual reading of the lowest CPI since April 2021.

Meanwhile, in monthly terms, Underlying inflation increased by 0.2% slowing down its growth rate practically in half compared to January (0.4%) and below expected (+0.2%).

Increase in housing costs

The month to month inflation was in February 0.2 %, below 0.5 % registered in January, while Almost half of the rise in prices in this second month of the year was due to the increase in the cost of the house.

On the side of the falls, something that compensated the increase in housing, highlighted the decline of 4 % in the cost of plane or fuel tickets.

Nevertheless, Energy prices increased an intermensual 0.2 % due to electricity and important natural gas.

The cost of feeding increased 0.2 % in February compared to January and at the year -on -year rate accumulated a 2.6 % increase.

Falls in stock markets

Inflation moderation is a respite in a week of constant falls in stock markets due to the lack of clarity on Trump’s tariff policy and the effect that these barriers to trade can have on the prices and evolution of companies.

Source: Ambito

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