Forex Fundamentals
US Inflation Rate (CPI)

US Inflation Rate (CPI) 12 April 2023

US Inflation Rate (CPI) 12 April 2023: 5% for March 2023, below the 5.2% forecast and down from 6% in February 2023. It is the lowest of the last 12 releases. 4 of the last 12 releases came in below the forecast. It was released on Wed 12 Apr 2023 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
5%
March 2023
Forecast
5.2%
The market consensus
Previous
6%
As the source gives it

What a print like this usually does

Below the forecast: A downside surprise usually weighs on the dollar if it reinforces a sustained cooling trend.

US Inflation Rate (CPI) 12 April 2023: 5% for March 2023 against a 5.2% forecast, with the last 12 releases
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US Inflation Rate (CPI) 12 April 2023: 5% vs 5.2% forecast (U.S. Bureau of Labor Statistics). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/us-cpi/2023-04-12

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
12 Apr 2023Mar5%5.2%6%
14 Mar 2023Feb6%6%6.4%
14 Feb 2023Jan6.4%6.2%6.5%
12 Jan 2023Dec6.5%6.5%7.1%
13 Dec 2022Nov7.1%7.3%7.7%
10 Nov 2022Oct7.7%8%8.2%
13 Oct 2022Sep8.2%8.1%8.3%
13 Sep 2022Aug8.3%8.1%8.5%
10 Aug 2022Jul8.5%8.7%9.1%
13 Jul 2022Jun9.1%8.8%8.6%
10 Jun 2022May8.6%8.3%8.3%
11 May 2022Apr8.3%8.1%8.5%
The release before:US Inflation Rate (CPI) 14 March 2023The release after:US Inflation Rate (CPI) 10 May 2023US Inflation Rate (CPI): every recent resultThis week’s economic calendar