Forex Fundamentals
US Core Inflation Rate (Core CPI)

US Core Inflation Rate (Core CPI) 12 March 2024

US Core Inflation Rate (Core CPI) 12 March 2024: 3.8% for February 2024, above the 3.7% forecast and down from 3.9% in January 2024. It is the lowest of the last 12 releases. It is the third release in a row above the forecast. It was released on Tue 12 Mar 2024 at 12:30 UTC (8:30 AM ET).

These figures were verified on 4 Oct 2026 from the source: U.S. Bureau of Labor Statistics. This page reports the release as published: the figures, the consensus forecast and what a print like it usually does to the currency.

Actual
3.8%
February 2024
Forecast
3.7%
The market consensus
Previous
3.9%
As the source gives it

What a print like this usually does

Above the forecast: A clear upside surprise usually supports the dollar as markets reduce expectations for Fed cuts.

US Core Inflation Rate (Core CPI) 12 March 2024: 3.8% for February 2024 against a 3.7% forecast, with the last 12 releases
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Cite this release

If you cite this release, please link to this page:

US Core Inflation Rate (Core CPI) 12 March 2024: 3.8% vs 3.7% forecast (U.S. Bureau of Labor Statistics). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/us-core-cpi/2024-03-12

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
12 Mar 2024Feb3.8%3.7%3.9%
13 Feb 2024Jan3.9%3.7%3.9%
11 Jan 2024Dec3.9%3.8%4%
12 Dec 2023Nov4%4%4%
14 Nov 2023Oct4%4.1%4.1%
12 Oct 2023Sep4.1%4.1%4.3%
13 Sep 2023Aug4.3%4.3%4.7%
10 Aug 2023Jul4.7%4.8%4.8%
12 Jul 2023Jun4.8%5%5.3%
13 Jun 2023May5.3%5.3%5.5%
10 May 2023Apr5.5%5.5%5.6%
12 Apr 2023Mar5.6%5.6%5.5%
The release before:US Core Inflation Rate (Core CPI) 13 February 2024The release after:US Core Inflation Rate (Core CPI) 10 April 2024US Core Inflation Rate (Core CPI): every recent resultThis week’s economic calendar