US EditionUS inflation fell more than expected to 2.8% in February
- U.S. inflation slowed to 2.8% in February, down from 3% in January, as reported by the Labor Department.
- Core inflation decreased to 3.1%, the lowest since April 2021, according to the same report.
- A decrease in airfares contributed to the decline, as noted by economists.
- Egg prices surged 10.4% in February and are nearly 60% more expensive than a year ago, influenced by avian flu.
Insights by Ground AI
Does this summary seem wrong?
243 Articles
243 Articles
Sydney Morning Herald+2 Reposted by 2 other sources
Chalmers reveals Alfred’s damage to the budget, inflation and growth
With just a week until Jim Chalmers delivers the budget, two think tanks say both sides of politics have to come up with ways to make the economy grow faster.
·Sydney, Australia
Read Full Article
Post BulletinReposted by 
Havasu News
Havasu NewsSheldon H. Jacobson: Focus on increasing buying power, not reducing prices
The recent Consumer Price Index report from the Bureau of Labor Statistics showed that prices have risen by three percent from one year ago. This is one percent above the Federal Reserve’s two percent inflation target, which they base on the Personal Consumption Expenditure Price Index. No matter what these indexes say, people are paying more today for what they purchase. Egg prices have been in the news, as one dozen eggs now costs over $5. Som…
·Cherokee County, United States
Read Full ArticleCoverage Details
Total News Sources243
Leaning Left35Leaning Right33Center83Last UpdatedBias Distribution55% Center
Bias Distribution
- 55% of the sources are Center
55% Center
L 23%
C 55%
R 22%
Factuality
To view factuality data please Upgrade to Premium
