The monthly was a bit higher than expected, the YoY a bit lower.
From the Bureau of Labor Statistics:
Transmission of material in this release is embargoed until
8:30 a.m. (ET) April 13, 2021 USDL-21-0651
Technical information: (202) 691-7000 • cpi_info@bls.gov • www.bls.gov/cpi
Media Contact: (202) 691-5902 • PressOffice@bls.gov
CONSUMER PRICE INDEX – MARCH 2021
The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.6 percent
in March on a seasonally adjusted basis after rising 0.4 percent in February,
the U.S. Bureau of Labor Statistics reported today. The March 1-month increase
was the largest rise since a 0.6-percent increase in August 2012. Over the last
12 months, the all items index increased 2.6 percent before seasonal adjustment.
The gasoline index continued to increase, rising 9.1 percent in March and
accounting for nearly half of the seasonally adjusted increase in the all items
index. The natural gas index also rose, contributing to a 5.0-percent increase
in the energy index over the month. The food index rose 0.1 percent in March,
with the food at home index and the food away from home index both also rising
0.1 percent.
The index for all items less food and energy rose 0.3 percent in March. The
shelter index increased in March as did the motor vehicle insurance index, the
recreation index, and the household furnishings and operations index. Indexes
which decreased over the month include apparel and education.
The all items index rose 2.6 percent for the 12 months ending March, a much
larger increase than the 1.7-percent reported for the period ending in February.
The index for all items less food and energy rose 1.6 percent over the last
12 months, after increasing 1.3 percent over the 12 month period ending in
February. The food index rose 3.5 percent over the last 12 months, while the
energy index increased 13.2 percent over that period.
....MUCH MORE
And more to come
