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What to Expect from February’s CPI Inflation Report

March 11, 2024

by Simon Moore
Forbes

Consumer Price Index data for February is expected to show relatively high monthly inflation on nowcast estimates compared to recent data. If this forecast holds, that would be similar to January, where inflation sees a relatively high monthly increase, but stays close to 3% in terms of the annual inflation rate.

When Is The February CPI Report?

The U.S. Bureau of Labor Statistics will release CPI data for the month of February 2024 on Tuesday, March 12 at 8:30 a.m. ET. This will come roughly a week ahead of the U.S. Federal Reserve’s next scheduled meeting on March 20.

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