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Economy

“Consumer prices rose 0.4% in February and 3.2% from a year ago”

“…

  • The consumer price index, a broad measure of goods and services costs, increased 0.4% for the month and 3.2% from a year ago. The monthly measure was in line with expectations while the 12-month reading was slightly higher.
  • The core CPI rose 0.4% on the month and was up 3.8% on the year. Both were one-tenth of a percentage point higher than forecast.
  • A 2.3% increase in energy costs helped boost the headline inflation number. Food costs were flat on the month, while shelter climbed another 0.4%.

…”

https://www.cnbc.com/2024/03/12/cpi-inflation-report-february-2024-.html

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