U.S. Consumer Price Index Rose 0.5% In March
(For March 2011)
U.S. consumer price index rose 0.5% in March vs. 0.5% consensus and February reading of also 0.5%. On year level CPI inflation is running at 2.7%.
Year-on year inflation is rising, but nowhere near alarming rates (jet).
Consumer price index less food & energy came at 0.1%. February reading was at 0.2%. Consensus was at 0.2%. On year level CPI core inflation is running at 1.2%.
