U.S. Consumer prices rose less than expected in February, with the consumer price index (CPI) rising 0.2% month-on-month and 2.8% on an annual basis. According to a CNBC report, economists surveyed by Dow Jones expected headline CPI to come in at 0.

U.S. consumer prices increased moderately in February as higher shelter costs were partially offset by cheaper airline fares, giving the Federal Reserve room to keep interest rates unchanged next week while monitoring the economic impact of a trade war.

CPI report is crucial after January saw a 0.5% increase, with 3.0% inflation over the past year. Check out what investors should expect from the report.