US February's CPI plunged to 0.0%; lower than the forecasted 0.1% and the prior reading of 0.2%, while for the year ending February it plummeted to 2.1%, which is lower as well than the expected 2.3% and the prior reading of 2.6%.

However, the CPI Ex Food & Energy of February came in as expected at 0.1% from -0.1%, whereas for the year ending February it dropped slightly to 1.3%; lower than the predicted 1.4% and the prior reading of 1.6%.