Wall St futures inch lower after February inflation data

March 11 (Reuters) - ‌U.S. stock ​index ​futures inched lower on Wednesday as investors assessed an ‌in-line February consumer prices reading and ⁠the Federal Reserve's outlook for monetary ‌policy.

A Labor Department report ‌showed that the Consumer Price Index rose 0.3% on a monthly ​basis in February, in line with a 0.3% increase forecast ⁠by economists polled by Reuters. It stood at ​2.4% on a year-on-year basis, in line with an estimated ​2.4% rise.

The core figure, ‌excluding volatile food and energy components, rose 0.2% ⁠on a monthly basis, compared with expectations for a 0.2% advance. It ⁠came in at 2.5% on a year-on-year ​basis, versus an estimated 2.5% increase.

At 8:35 a.m. ET, Dow E-minis were down 143 ‌points, or 0.3%, S&P 500 E-minis were down 10.5 ‌points, or 0.15% and Nasdaq ⁠100 E-minis were ‌down 31.75 ​points, or 0.13%.

(Reporting by Utkarsh Tushar Hathi; Editing by Maju ‌Samuel)

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