March CPI-U Value Released

The CPI-U value for March inched slightly higher to 212.709. This value is still well below September's 218.783, meaning that the I Bond rate change in May will track deflation rather than inflation.

The deflation was severe enough to ensure all issued I bonds will fall to 0% for the 6-month period starting in May. As a bond reaches the 6-month anniversary from its issue month, the rate will fall to zero.

Sept.	Oct.	Nov.	Dec.	Jan.	Feb.	Mar.
218.783	216.573	212.425	210.228	211.143	212.193	212.709