A highly anticipated report released by the Labor Department on Wednesday showed a modest increase in U.S. consumer prices in the month of March.
The Labor Department said its consumer price index inched up by 0.1 percent in March after climbing by 0.4 percent in February. Economists had expected consumer prices to rise by 0.3 percent.
The uptick in consumer prices came as a continued advance in prices for shelter more than offset a steep drop in energy prices.
For comments and feedback contact: editorial@rttnews.com
Forex News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.