Consumer Prices Accelerate In February On Higher Energy Costs
March 17, 2011 at 09:48 AM EDT
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 [...]
