The Consumer Price Index increased 0.1% in February on a seasonally adjusted basis. Over the last 12 months, the all-items index rose 2.7%.
Prices for all items less food and energy, the “core CPI,” increased 0.2% in February, down slightly from January. The index rose 2.2% for the 12 months ending in February.
The food index increased 0.2% its largest rise since September 2015. Prices for food at home rose 0.3%, while prices for food away from home increased 0.2%. Over the past 12 months, food prices are unchanged.
The energy index decreased 1.0% in February. The gasoline index posted a decline of 3.0% following a 7.8% January increase.
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