米労働統計局は、2026年2月の消費者物価指数（CPI）が前月比0.3％上昇、前年比2.4％で推移したと発表し、エコノミストの予想通りとなった。食品とエネルギーを除くコアCPIは月次0.2％上昇、年率2.5％を維持。最近の米イスラエル・イラン戦争前のインフレは安定を示したが、原油価格の急騰が今後の数値を押し上げる見込みだ。
2026年2月のCPIデータは、インフレがFRBの2％目標を上回ったまま安定したことを示している。ヘッドライン物価は1月比0.3％上昇、前年比2.4％で変わらず。変動の激しい食品とエネルギーを除くコアインフレは前月比0.2％上昇、年率2.5％を維持し、LSEGが調査したエコノミスト予想に一致した。
Xの議論では、2026年2月のCPIが予想通りの前年比ヘッドライン2.4％、コア2.5％となり、米イスラエル・イラン戦争前のディスインフレ進展を反映したと指摘されている。ユーザーらはサービスインフレの粘着性を強調し、原油価格急騰による今後の上振れ圧力を警告。センチメントはデータが予想通りの中立的受容から、地政学リスク下での冷却持続への懐疑まで及び、今後のPCEとJOLTSの監視を呼びかけている。
BREAKING: February CPI inflation was unchanged, at 2.4%, in-line with expectations of 2.4%.
— The Kobeissi Letter (@KobeissiLetter) Marso 11, 2026
Core CPI inflation was 2.5%, in-line with expectations of 2.5%.
Core CPI inflation before the Iran war was at its lowest in 5 years.
The market will now await March's data.
US CPI held steady at 2.4% in February, but the calm is deceptive. This report is a "pre-war" snapshot, capturing the economy just before the Iran conflict triggered a massive spike in oil prices.
— The Coinomist Magazine (@CoinomistMag) Marso 11, 2026
With energy costs surging and shipping routes under pressure, the disinflationary… pic.twitter.com/FNtsKZw6sc
🎯 U.S. Feb CPI matched consensus at 2.4% YoY / 0.3% MoM, with core at 2.5% YoY / 0.2% MoM—an in-line print that reinforces a consolidation regime across rates, equities, FX, gold, and crypto rather than forcing an immediate Fed repricing.
— kautious (@kautiousCo) Marso 11, 2026
📊 The details matter: core rose 0.22%… pic.twitter.com/ij1icwWJOM
⚡️BREAKING: US inflation held at 2.4% in February. Core held at 2.5%
— SightBringer (@_The_Prophet__) Marso 11, 2026
The inflation story now looks like this:
The medium-term disinflation trend is still intact.
The short-term path just got dirtier.
That is the clean read.
February CPI still says the domestic inflation… pic.twitter.com/1Ssz4zGKAu
⚠️ SUMMARY OF US FEBRUARY CPI REPORT:
— Jesse Cohen (@JesseCohenInv) Marso 11, 2026
1) CPI shows consumer prices were fairly subdued in February before the oil spike.
2) US CPI rose 0.3% on the month, in line with estimates.
3) Headline CPI inflation increased 2.4% Y/Y, matching forecasts and unchanged from January’s… pic.twitter.com/xZ8pJhO67h
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The National Administrative Department of Statistics (Dane) reported that Colombia's annual inflation for February 2026 was 5.29%, a slight slowdown from January's 5.35%. The monthly Consumer Price Index (CPI) variation stood at 1.08%, driven by rises in education and food. This figure remains above the Central Bank's target range of 3%.
Tokyo's core consumer price index rose 1.8% in February, falling below the Bank of Japan's 2% target for the first time since October 2024. Prime Minister Sanae Takaichi's utility subsidies curbed household energy costs, posing a communication challenge for the central bank's planned interest rate hikes. The figure exceeded economists' median forecast of 1.7%.
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Core inflation in Tokyo slowed to a 15-month low in January due to gasoline subsidies and easing food price pressures, offering some relief to consumers. Yet an underlying gauge excluding fresh food and fuel remained above the Bank of Japan's 2% target, indicating continued progress toward sustainable price growth.
Inflation in the Philippines rose to 2.0% in January 2026, marking the second consecutive month of rising prices for goods, according to the Philippine Statistics Authority on February 5. This was up from 1.8% in December 2025. The increase stemmed from higher inflation in housing, water, electricity, gas, and other fuels.
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The Central Bank of Egypt has outlined factors behind moderated inflation in January 2026, with annual urban headline inflation falling to 11.9% from 12.3% in December 2025, driven mainly by non-food inflation dropping to 18.6%, its lowest since October 2023. Food inflation rose temporarily to 1.9% from 1.5%. Nationwide headline inflation eased slightly to 10.1% from 10.3%.
South Korea's consumer prices rose 2.2 percent in March from a year earlier, government data showed Thursday. The increase, exceeding the government's 2 percent inflation target, was mainly driven by a surge in global oil prices due to prolonged Middle East tensions. It marks the steepest rise since December's 2.3 percent, according to the Ministry of Data and Statistics.
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Building on Dane's initial report of 5.29% annual inflation for February 2026—below January's 5.35% and market expectations around 5.5%—Anif analysis credits a $500-per-gallon gasoline price reduction as the main factor. Without it, inflation would have accelerated to 5.38%. Services and food exerted upward pressure, offset by regulated price relief.