U.S. February CPI data is significantly below expectations

The unadjusted annual CPI rate in the United States for February was 2.8%, a new low since November of last year; The adjusted monthly CPI rate for February in the United States was 0.2%, a new low since October of last year. The unadjusted core CPI annual rate in the U.S. for February was 3.1%, a new low since April 2021; The adjusted core CPI monthly rate for February in the U.S. was 0.2%, a new low since December of last year.