US Inflation Falls in February, Annual Inflation Rate Eases

US consumer prices declined in February alongside plunging gasoline but underlying inflation advanced more than expected, a government report released on Wednesday, March 16, shows. Costs climbed for a broad section of goods and services to include big ticket items like shelter and medical care.

Overall in the past 12 months, inflation eased compared to the annual rate of a month earlier yet the pace clocked higher than any other since late 2014. Continue reading US Inflation Falls in February, Annual Inflation Rate Eases