US core consumer prices, excluding volatile items such as food and energy, increased 0.1 percent month-over-month in February 2019, compared to a 0.2 percent increase in the previous month and market expectations of a 0.2 percent gain. It is the smallest rise in core consumer prices since August last year. The indexes for shelter, apparel, household furnishings and operations, airline fares and motor vehicle insurance were among the indexes that rose in February, while the indexes for medical care, recreation, used cars and trucks, new vehicles and transportation services decreased. Core Consumer Prices in the United States averaged 125.29 Index Points from 1957 until 2019, reaching an all time high of 261.11 Index Points in February of 2019 and a record low of 28.50 Index Points in January of 1957.
Core Consumer Prices in the United States is expected to be 261.96 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Core Consumer Prices in the United States to stand at 265.45 in 12 months time. In the long-term, the United States Core Consumer Prices is projected to trend around 277.26 Index Points in 2020, according to our econometric models.