Inflation comes in hotter than expected in February as high prices persist

Date:

The Labor Department said Tuesday that the consumer price index, a broad measure of the price of everyday goods including gasoline, groceries and rent, rose 0.3% in February from the previous month. Prices climbed 3.2% from the same time last year, faster than the 3.1% headline figure forecast by LSEG economists.

This is a developing story. Please check back for updates.

Read the full article here

spot_img

Share post:

Subscribe to our newsletter

To be updated with all the latest news, offers and special announcements.

Popular

More like this
Related

Diabetes drugs like Ozempic may reduce risk of 10 cancers

Multiple factors contribute to someone’s risk of developing cancer....

Tampons may contain arsenic, lead, and other toxic heavy metals: study

Over 100 million cisgender women in over 120 countries...