11 Mar, 2026

Inflation hits expected near-term bottom; Middle East war to soon hit prices

A key measure of inflation recorded its smallest rise in almost five years in February, though the slowdown in price growth will likely be extremely short-lived due to the ongoing conflict in Iran.

The consumer price index (CPI), the market's preferred inflation measure, increased 2.43% from February 2025 to February ...[end of article preview]