SQLV - February CPI Report: Inflation Remains Stubborn But A Resurgence Is Unlikely

2024-03-12 21:30:00 ET

Summary

• The latest Consumer Price Index (CPI) report showed that while inflation was more persistent than expected in February, the details paint a slightly more reassuring picture.
• Headline inflation increased 0.4% on a month-over-month basis, leading to a year-over-year increase of 3.2%.
• Core inflation, which excludes food and energy prices, increased 0.4% as well.

The latest Consumer Price Index ((CPI)) report showed that while inflation was more persistent than expected in February, the details paint a slightly more reassuring picture....

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