Labor Department data showed that the consumer price index rose 2.8% in February, core inflation was 3.1%, and housing costs rose 4.2%.
US CPI Mar
10/4/2025 (Thu)
Previous: 2.8% Forecast: 2.6%
The BLS reported that the CPI increased 2.8% in February from year-ago levels, compared with 3.0% in January. Core reading rose 3.1% in the month, the lowest level since April 2021.
Grocery prices are continuing to rise, with the cost of eggs jumping 58.8%. The ongoing rise of food costs is creating a financial pinch for many households, economists note.
Shelter costs moved up 4.2%, the smallest since December 2021, but still the main driver behind the gain in the CPI. Notably the report did not fully capture a cascade of tariffs by Trump.
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Trump's policies led to US stock outflows, and the dollar's decline widened the asset gap. Emerging markets may attract capital inflows.
2025-04-30Inflation did not slow down in February, with core PCE up 2.8% year-on-year. Goods prices rose 0.2%, led by entertainment goods and automobile prices.
2025-04-30Private sector added 155,000 jobs in March, with wages up 4.6%, easing concerns about a labor market and economic slowdown.
2025-04-30