Price Growth Slows In February
2025-03-12 19:30:00 ET
Summary
- The Bureau of Labor Statistics reported that the Consumer Price Index (CPI) increased 0.2 percent in February, after rising 0.5 percent in January.
- Core inflation, which excludes volatile food and energy prices, also rose 0.2 percent last month.
- Both headline and core inflation have hovered around 3.0 percent annualized for more than a year.
By Alexander W. Salter
After disappointing readings in November, December, and January, inflation appears to be slowing once again. Could this mark the return to sustainably low price pressures?...
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