Data released moments before by the Bureau of Labor Statistics in the United States showed that the CPI, which measures inflation, rose by 0.8% in February, after rising by about 0.6% in January, in line with expectations, while the main index, excluding food and energy prices, declined to 0.5% compared to By 0.6% in January.
On the other hand, the annual index rose over the past 12 months to 7.9% from 7.5% in February, at its highest pace since 1982, in line with expectations, while the annual core index rose to 6.4% from 6% (expectations 6.5%).
In the details of the index, the food index recorded a growth of 7.9% on an annual basis from 75 and an increase of about 1% in February, while the energy index rose by 3.5% in February from 0.9% and an increase of about 25.6% on an annual basis.