Daily Roundup of Key US Economic Data for March 11

03:36 PM EDT, 03/11/2026 (MT Newswires) -- The consumer price index rose by 0.3% in February and was up 0.2% excluding food and energy prices, both right on expectations.

The gain maintained the year-over-year increase at 2.4%, while the core measure was unchanged at a 2.5% increase.

Food prices rose by 0.4%, while energy prices increased by 0.6%. Gasoline prices alone were up 0.8%.

Owners' equivalent rents rose by 0.2% and regular rents were up 0.1%, accounting for about one-third of the overall gain.

In addition, prices of new vehicles were unchanged after a 0.1% gain in the previous month and used vehicle prices fell by 0.4% after a 1.8% decline.

The Mortgage Bankers Association reported a 3.2% gain in mortgage applications in the week ended March 6 after an 11% gain in the previous week. Refinancing activity and new home applications both increased despite higher mortgage rates.

Total crude oil inventories rose by 3.8 million barrels in the week ended March 6, with commercial oil inventories again accounting for the entire gain. Gasoline inventories and distillate inventories both decreased last week.

The US Treasury reported a $307.50 billion budget deficit in February, slightly larger than the $307.02 billion deficit reported in February 2025.

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