The latest overnight CPI data shows that the annual CPI rate in the United States at the end of February is 2.8%, slightly lower than the market expectation of 2.9%; at the same time, the monthly CPI rate is 0.2%, also slightly lower than the forecast of 0.3%. After excluding the impact of food and service price changes, the core CPI's annual and monthly rates are 3.1% and 0.2%, respectively, both meeting or falling below market expectations. This series of data overall presents a favorable trend for CPI.
