US consumer prices rose 0.4% in February, in line with expectations
March 14, 2023 Latest News 0 Comments
March 14 (Reuters) – The US consumer price index was 0.4% m/m in February, the US Department of Labor said on Tuesday, in line with economists’ expectations.
In annual terms, consumer inflation slowed down to 6.0%, as expected.
Excluding food and energy prices, inflation was 0.5% m/m, while economists expected 0.4%.
In annual terms, the base value amounted to 5.5%, in line with economists’ forecast. (Reuter office in Gdansk)