U.S. March CPI at 3.3% Year-on-Year, Expected 3.4%, Previous 2.4%
U.S. CPI rose 3.3% year-on-year in March, slightly below the expected 3.4% and the previous value of 2.4%. Month-on-month, it rose 0.9%, in line with expectations and the previous value of 0.3%. Core CPI rose 2.6% year-on-year, below the expected 2.7% and the previous value of 2.5%; month-on-month it rose 0.2%, also below the expected 0.3%. After the data was released, U.S. stock futures generally rose, with Nasdaq futures up 0.31% and S&P 500 futures up 0.19%
U.S. March CPI year-on-year: 3.3%, expected 3.4%, previous value 2.4%
U.S. March CPI month-on-month: 0.9%, expected 0.9%, previous value 0.3%.
U.S. March Core CPI year-on-year: 2.6%, expected 2.7%, previous value 2.5%.
U.S. March Core CPI month-on-month: 0.2%, expected 0.3%, previous value 0.2%.
Market Reaction
After the data was released, U.S. stock index futures collectively rose, with Nasdaq futures up 0.31% and S&P 500 futures up 0.19% during the day.
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