US March 2019 consumer price index

US CPI rises to 1.9% vs expectations of 1.8%.
  • Prior was 1.5%
  • Ex food and energy +2.0% vs +2.1% y/y expected

Month-over-month data:

  • CPI +0.4% vs +0.4% expected
  • Prior was 0.2% m/m
  • Ex food and energy +0.1% vs +0.2% expected
  • Prior ex food and energy +0.1%

Wages:

  • Average weekly earnings +1.3% y/y vs +1.9% prior
  • Real average hourly earnings +1.3% y/y vs +1.6% prior

The USD is little changed after the report