Consumer prices in the U.S. increased in line with economist estimates in the month of March, according to a report released by the Labor Department on Friday.
The Labor Department said its consumer price index jumped by 0.9 percent in March after rising by 0.3 percent in February. Economists had expected consumer prices to advance by 0.9 percent.
Excluding food and energy prices, core consumer prices rose by 0.2 in March, matching the uptick seen in February. Core prices were expected to rise by 0.3 percent.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.