Author Topic: Consumer Price Inflation Remains Subdued in February  (Read 90 times)

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Consumer Price Inflation Remains Subdued in February
« on: March 11, 2026, 09:14:47 am »
Consumer Price Inflation Remains Subdued in February

John Carney 11 Mar 2026

Consumer prices continued to rise at a moderate rate in February.

The consumer price index rose by 0.3 percent compared with January, the Department of Labor said Wednesday. Compared with a year ago, the widely watched inflation gauge is up 2.4 percent, unchanged from January.

This was in line with expectations. Economists had forecast an increase of 0.3 percent for the month. The 12-month increase was seen as holding steady at 2.4 percent.

Core prices, a measure that excludes volatile food and energy prices, increased 0.2 percent in February. Compared with a year ago, core prices are up 2.5 percent, matching the year-over-year figure reported for January.

Core goods prices rose 0.1 percent in February and are up one percent from a year ago. Core services, a measure that excludes energy-related services, rose 0.3 percent and the index is up 2.9 percent from a year ago.

https://www.breitbart.com/economy/2026/03/11/consumer-price-inflation-remains-subdued-in-february/
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Re: Consumer Price Inflation Remains Subdued in February
« Reply #1 on: March 11, 2026, 09:16:15 am »
Inflation held steady in February before war with Iran sent gas prices surging

Overall prices cooled in recent months but remain above the Fed's target.
ByMax Zahn
March 11, 2026, 8:09 AMInflation held steady in February, maintaining price increases at elevated levels in the weeks before the U.S.-Israeli war with Iran sent gasoline prices surging and stoked heightened concern about affordability. The reading matched economists' expectations.

Prices rose 2.4% in February compared to a year earlier, leaving the inflation rate unchanged from January, U.S. Bureau of Labor Statistics data showed. Inflation stands slightly higher than the Federal Reserve's target rate of 2%.

Oil prices have surged since the war with Iran late last month, ratcheting up costs for gasoline and airfare, and threatening to push up prices for a vast array of goods reliant on diesel-fuel transport, some analysts previously told ABC News.

more
https://abcnews.com/Business/inflation-report-released-iran-war-sends-gas-prices/story?id=130928386

Democrat Party...the Party of Infanticide

"Never argue with stupid people, they will drag you down to their level and then beat you with experience"
Mark Twain


“Therefore do not worry about tomorrow, for tomorrow will worry about itself. Each day has enough trouble of its own.”
-Matthew 6:34


Smokin Joe: Stupid people vote. If you have enough of them, you don’t need to steal an election