Inflation rate rose by 2.8% in February, CPI report shows. Here's what that means for price relief.
The inflation rate last month was slightly lower than forecast by economists, although price increases are still higher than the Fed would like.
CPI Inflation Was Higher Than Expected In January
Inflation rose unexpectedly in January, with the Consumer Price Index rising 3% over the last 12 months, up from 2.9% in December. Forecasters had expected inflation to slow down, but prices for food, gas, and housing pushed the inflation rate out of the 2% range for the first time since May.
February CPI Report: Inflation Comes in Lower Than Expected
Positive inflation data from the February Consumer Price Index (CPI) report has investors excited today. That’s thanks to year-over-year
Inflation rate picked up in January, CPI report shows. Here's what it means for your money.
On a monthly basis, the CPI rose 0.5%, versus economists' forecast for a 0.3% increase, according to FactSet. That's the biggest monthly jump since August 2023. It may be due to price increases set at the start of the year by many businesses, noted Bright MLS chief economist Lisa Sturtevant in an email.
CPI Report Today: Dow Futures Rise Ahead of Inflation Data
Follow along for live updates on stocks, bonds and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite, ahead of the CPI inflation report.
CPI Report: February inflation rises, but not as high as predicted
Inflation in February rose just below 3% from a year ago. That's slightly lower than what economists predicted, giving some relief as consumers and businesses brace for the impact tariffs will have.
NerdWallet8d
Consumer Price Index: What It Is and Why It Matters
The CPI is closely watched as an economic indicator to measure inflation. Many, or all, of the products ... up 4.2% from the same time a year ago. Food: The overall food index increased 0.2% ...
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Commercial Observer1d
Inflation Figures Show Smallest Yearly Increase in Housing Index Since 2021
The latest inflation numbers were hardly reflective of tariff anxieties, which have sent the stock market into a frenzied ...
Inflation rate hits 2.8% in February
We're getting a pulse check on a key measure of inflation. The latest Consumer Price Index shows inflation is up 2.8% compared to this time last year. Those numbers are better than expected. Patrick ...
China’s deflation problems get worse
Consumer prices in China have plunged to their lowest level in more than a year, highlighting persistent deflationary pressures in the world’s second-largest economy.