Consumer Prices Accelerate In February On Higher Energy Costs

U.S. consumer price inflation ticked higher last month, the Bureau of Labor Statistics reports. Headline inflation rose by a seasonally adjusted 0.5% in February, up from 0.4% the month before. Core inflation, however, remained modest, advancing 0.2% last month, unchanged from January’s rate. Rising energy prices were the main culprit, posting a 3.4% increase in [...]
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