Forex Fundamentals
US Inflation Rate (CPI)

US Inflation Rate (CPI) 12 March 2024

US Inflation Rate (CPI) 12 March 2024: 3.2% for February 2024, above the 3.1% forecast and up from 3.1% in January 2024. 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
3.2%
February 2024
Forecast
3.1%
The market consensus
Previous
3.1%
As the source gives it

What a print like this usually does

Above the forecast: An upside surprise usually supports the dollar through higher expected Fed rates, especially if core inflation is also firm.

US Inflation Rate (CPI) 12 March 2024: 3.2% for February 2024 against a 3.1% forecast, with the last 12 releases
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Cite this release

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

US Inflation Rate (CPI) 12 March 2024: 3.2% vs 3.1% forecast (U.S. Bureau of Labor Statistics). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/us-cpi/2024-03-12

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
12 Mar 2024Feb3.2%3.1%3.1%
13 Feb 2024Jan3.1%2.9%3.4%
11 Jan 2024Dec3.4%3.2%3.1%
12 Dec 2023Nov3.1%3.1%3.2%
14 Nov 2023Oct3.2%3.3%3.7%
12 Oct 2023Sep3.7%3.6%3.7%
13 Sep 2023Aug3.7%3.6%3.2%
10 Aug 2023Jul3.2%3.3%3%
12 Jul 2023Jun3%3.1%4%
13 Jun 2023May4%4.1%4.9%
10 May 2023Apr4.9%5%5%
12 Apr 2023Mar5%5.2%6%
The release before:US Inflation Rate (CPI) 13 February 2024The release after:US Inflation Rate (CPI) 10 April 2024US Inflation Rate (CPI): every recent resultThis week’s economic calendar