Inflation data cools February, reducing investors’ fear about US economic life
Report of February Consumer Pricer Index (CPI) showed inflation stressed in February, lowering the fear of US economic life during a few marks.
The latest data from the Borual of Labor Statistics revealed the Customer Price Reference (CPI) increased by 2.8% last year in February, under the expectations of the Democracy in 2.9%.
The index increased by 0.2% over the past month, deteriorating from 0.5% in January and compared to economic measurement with 0.3% Yopick of 0.3% of the monthly.
The “Basic”, drew food fluctuations and gas, prices in February increased monthly, and 3.1% over the climax of last year – an increase of the minimum year from April 2021.
This also notes that the price of 3.3% of the prices were taken over the later month and was before the Bloomberg compliance.
It was the first time since July that both articles and CPI indications showed deteriorating in prices.
Inflation Inflation at Core always arise because of the attached and services available for the Insurance and Medical Care. But the shelter showed some of the symptoms in February, rising 4.2% more than a year, an increase in 12 months from December 2021.
According to the month over the month, the Shelter index increased by 0.3% compared to 0.4% UPTICK IN January. Similarly, the same rent for rent rent and OER) each rose 0.3% over the past month. The equal rent of owners is the hypothetical rent of the householder to pay for the same property.
At that time, the power index increased monthly 0.2% month later after the month after jumping 1.1% in January. The year, the power indication was under 0.2%, dragged down on gasico prices, dropped down and throwing around 2% last month. Mixed with the DOWTICK at gastric prices, a 4% drop in the airport area also helps easily refrain the number of topics.
Significantly, dietary values ​​show some cheating symptoms after sticky readings after sticky readings after sticky readings, increase by 0.2% last month after 0.5% January jacket. Prices of eggs, however, continues to surgery – up another 10.4% after 15.2% proprietor to crush a year. In a year, egg prices increase 58.8%.
Alexandra Canal Top journalist in Yahoo Finance. Follow him in x @Allie_calal, Linkedin, And I’ve sent an email to [email protected].
Click here for the latest economic and indications to help appreciate your investment decisions
Read the latest financial and business news from Yahoo Finance
