Consumer Price Index: Inflation Cools To 2.8% In February

2025-03-13 00:40:00 ET

Summary

• According to the Bureau of Labor Statistics, the headline figure for the Consumer Price Index was at 2.8% year-over-year, lower than the expected 2.9% growth.
• On a monthly basis, headline CPI increased 0.2% (vs. 0.3% expected), while core prices rose 0.2% (vs. 0.3% expected).
• In February, prices decelerated from 3.00% in January to 2.82%. Meanwhile, core prices slowed from 3.26% in January to 3.12% in February, the lowest level since July.

By Jennifer Nash

Inflation cooled for the first time in five months in February. According to the Bureau of Labor Statistics, the headline figure for the Consumer Price Index was at 2.8% year-over-year, lower than the expected 2.9% growth....

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