Saturday, March 17, 2007

Forex News: 16.03.2007 Inflation in the USA above expectations in February

The consumer price index in the USA rose in February by 0.4%, which was above analysts’ estimates, 0.3%. The growth of consumer price index was conditioned by gains in fuel, food and medical care.

Core consumer price index (excluding food and energy) in the USA rose by 0.2% in February, which was up to expectations.

Annual consumer price index grew by 2.4% in February, while consumer prices excluding food and energy rose by 2.7%.

In January consumer prices in the USA rose by 0.2%. Consumer prices excluding food and energy increased by 0.3%.

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