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February 2024

Inflation Higher than Expected: February CPI Report

            Inflation was up 3.2 percent over the year through February, up from 3.1 percent in January – a monthly increase of 0.4 percent. The core inflation, the measure that excludes volatile energy and food prices, was up 3.8 percent, greater than expected but down from last month’s 3.9 percent. The owners’ equivalent rent, which...

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