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