Inflation pressures remained persistent in February as prices for shelter and gas rose, according to the latest data from the Bureau of Labor Statistics released Tuesday morning.
The Consumer Price Index (CPI) rose 0.4% over the previous month and 3.2% over the prior year in February, slightly higher than January’s 0.3% month-over-month increase and 3.1% annual gain.
Both measures roughly matched economist forecasts of a 0.4% month-over-month increase and a 3.1% annual increase, according to…
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