Core CPI is expected to have grown 2.2% year-on-year in February.
The latest release of the consumer price index for the month of February is expected from the Department of Labor at 8:30 a.m. ET.
The index tracking the prices of consumer goods is expected to have been flat month-over-month and increased by 2.7% year-over-year. Core CPI, which strips out the volatile food and energy categories, is expected to increase 0.2% from January and 2.2% from the same month a year ago.
Last month's CPI release showed the index, which tracks everything from clothing to medicine, increased at its fastest pace in four years on particularly strong gains in energy prices.
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