March 2026 US CPI release: prices increased 0.9% MoM, 3.3% YoY

https://www.bls.gov/news.release/cpi.nr0.htm

The headline index had increased 0.3% MoM, 2.4% YoY in February.

Consensus forecast was for 1.0% MoM, 3.4% YoY, so actual figures came in below expectations.

Core CPI (all items less food and energy) increased 0.2% MoM, 2.6% YoY, compared with 0.2% MoM, 2.5% YoY in February.

Consensus forecast for core CPI was 0.3% MoM, 2.7% YoY, so actual figures for core CPI were also below expectations.

FRED graph of YoY change in headline and core CPI.

FRED graph of MoM change in headline and core CPI.