consumer price index

It is reported that the annual rate of CPI in the United States was not seasonally adjusted at 6% in February, expected to be 6.00%, and the previous value was 6.40%. The US CPI has declined for the eighth consecutive month without quarterly adjustment in February, which is the lowest since September 2021; The monthly CPI rate of the United States recorded 0.4% after the quarterly adjustment in February, the lowest since December 2022; The core CPI annual rate of the United States recorded 5.5% in February without quarterly adjustment, which has declined for the sixth consecutive month and is the lowest since December 2021. The US CPI annual rate of 6% in February was in line with expectations Analysis based on this information:The report highlights the consistent decline in the US Consumer Price Index (CPI) rate, recording at 6% in February. Despite this being less than the expected rate of 6.00%, it is a positive sign for policymakers who…