Inflation & Prices
US Inflation Eases, Offering Some Relief Ahead of Tariffs
- February consumer price index rose the least in four months
- Deceleration was broad based across goods and services
US consumer prices rose at the slowest pace in four months in February, welcome news for American households who remain apprehensive about the potential for tariffs to drive costs higher.
The consumer price index increased 0.2% after a sharp 0.5% advance in January, according to Bureau of Labor Statistics data out Wednesday. Excluding often volatile food and energy categories, the so-called core measure rose 0.2% as well.