Published 2 days ago • loading... • Updated 7 hours ago

US inflation fell more than expected to 2.8% in February

Inflation in the U.S. Has dropped to 2.8% for the year ending in February, down from 3% in January, according to the Bureau of Labor Statistics .
The Producer Price Index was flat last month, reflecting no rise in prices, and overall PPI rose 3.2% in the past year, as reported by BLS.
Prices for chicken eggs increased by approximately 58.8% year-over-year, significantly impacting overall food prices, according to BLS findings.
High prices for housing and food, particularly meats and eggs, contributed to monthly price increases, according to BLS.

Insights by Ground AI

Does this summary seem wrong?

219 Articles

All

Left

Center

Right

Liberty Nation

First CPI Report of Trump Presidency Beats Market Estimates - Liberty Nation News

By Andrew Moran The Bureau of Labor Statistics released the February consumer price index (CPI), the first full dataset under President Donald Trump. The findings? It came in better than economists had expected, and early estimates suggest next month’s will be even better. Whether the good times will persist throughout 2025 depends on many variables, from crude oil […]

16 hours ago

Read Full Article

abc 6 Philadelphia

Inflation eased a bit last month, but analysts are wary

In the 12 months through February, consumer prices rose 2.8%, which is down from 3% the month before.

23 hours ago·Philadelphia, United States

Read Full Article

Boston Herald

Inflation slows through February, beating expectations

The Trump Administration was quick to celebrate when data released Wednesday by the Bureau of Labor Statistics showed inflation slowing through February, though the figure remains well above the Federal Reserve’s 2% target and some prices continue to climb. The consumer price index increased 2.8% for the twelve months ending in February, according to BLS, down from the 3% index seen in the year ending in January. The core consumer price index (e…

1 day ago·Boston, United States

Read Full Article

The Star News Network

Annual Inflation Rate Declines in Latest Federal Data | The Star News Network

by Casey Harper Lower energy prices drove down inflation in February, according new federal data released this week. The U.S. Bureau of Labor Statistics released new data Wednesday showing inflation rose just 0.2% last month, part of a 2.8% rise over the last year. The average annual inflation rate from January’s data was 3%, so overall annual inflation dropped in February. The decrease was partially driven by a decline in energy prices, a key…

1 day ago

Read Full Article

Washington Examiner

Good news on inflation - Washington Examiner

GOOD NEWS ON INFLATION. Biden-era inflation, what many call the “affordability crisis,” was the No. 1 reason Donald Trump was elected president for a second time. Yes, voters wanted Trump to fix the Biden disaster at the U.S.-Mexico border. And yes, they were concerned about crime, woke, and chaos in global affairs. But inflation was the No. 1 voter concern. Now, there is a bit of good news on the inflation front. The Bureau of Labor Statistics …

1 day ago·Washington, United States

Read Full Article

The Baltimore Sun

Inflation falls in February but tariff fears continue to linger over US economy

Inflation fell last month in a welcome sign for the U.S. economy that has been giving investors and consumers jitters as trade wars threaten to increase prices. Wednesday’s inflation report was better than forecast by most economists but is still above the Federal Reserve’s 2% target. Inflation has made significant progress from the high of 9% during 2022 but has been stubbornly above 2% despite a prolonged period of elevated interest rates. Inf…

1 day ago·Baltimore, United States

Read Full Article

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year