“That’ll Work”: CPI Beats Ahead Of Fed

U.S. Feb. CPI Rose 0.1%, Above Est.
CPI rose 0.1% vs est. 0%, according to the BLS.
Forecast range from down 0.1% to up 0.2% from 81 estimates
Ex. food, energy up 0.2% vs est. 0.2%
CPI y/y rose 2.7% vs est. 2.7%
Retail sales less autos rose 0.2% in Feb., est. 0.1%
Retail sales forecast range -0.3% to 0.5% from 76 economists surveyed
Retail sales rose 0.6% in Jan.
Retail sales rose to $473.991b in Feb. vs $473.614b in Jan.
Retail sales ex-auto dealers, building materials and gasoline stations unchanged in Feb.
Retail sales ‘control group’ rose 0.1% m/m in Feb.




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