Inflation in February

SOURCE npr.org
Inflation was slightly higher than expected in February, driven by rent and gasoline prices, while food prices remained steady.

Key Points

  • Inflation was higher than expected for the second consecutive month
  • Rent and gasoline prices were major contributors to the increase
  • Food prices remained unchanged

Pros

  • Provides an update on the current inflation trend
  • Highlights the main factors contributing to the increase