February CPI inflation rises 0.2%, lower than expected
February inflation measured by the Consumer Price Index Wednesday was 2.8% annually and was up a lower than expected 0.2% for the month, seasonally adjusted.
Here's what latest CPI report says about inflation
The inflation rate last month was slightly lower than forecast by economists, although price increases are still higher than the Fed would like.
Inflation slowed slightly to 2.8% in February ahead of Federal Reserve meeting
The Labor Department released the consumer price index for February which found inflation was 2.8%, in line with economists' expectations ahead of the next Federal Reserve meeting.
Inflation rate hits 2.8% in February, less than expected
CNBC's Rick Santelli joins 'Squawk Box' to break down February's CPI data.
Inflation Relief: U.S. CPI Rose Less Than Forecast in February
Inflation in the U.S. softened more than expected in February, putting Federal Reserve rate cuts firmly back in plan as spring and summer approach. The Consumer Price Index rose 0.2% in February, according to a report from the Bureau of Labor Statistics on Wednesday morning.
US inflation eases to 2.8% in February, hits lowest level in months
The much-awaited inflation data of United States (US) signals cooling in headline Consumer Price Index (CPI) standing at 2.8 per cent year-on-year from 3 per cent in January, as per the official data released by US Bureau of Labor Statistics.
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