[SMM Flash] US CPI Data Released

Published: Mar 13, 2026 13:41

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The US CPI data for February met expectations, with core goods rising MoM and core services cooling slightly. In February, US CPI rose 2.4% YoY, unchanged from the previous reading, and 0.3% MoM, showing a slight pickup. In February, core CPI rose 2.5% YoY, unchanged from the previous reading, and 0.2% MoM, slightly below January's 0.3%. At the same time, both US CPI and core CPI for February came in fully in line with market expectations, and with the February YoY data completely unchanged from the previous reading, this release could be described as "largely in line with expectations." Structurally, core goods rose 0.08% MoM, a slight pickup from January's 0.04%. Core services rose 0.27% MoM, slowing down from January's 0.39%.

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