Inflation Rate February 2024. That's the largest gain since january 2023. Compared to the previous month, consumer prices are.
The comparable figure in february 2024 was 1.6 percent. Compared with 12 months earlier, consumer prices rose 3.2%.
This Is Lower Than The Long Term Average Of 3.28%.
In february 2024, the inflation rate climbed to 3.2% compared to the previous year, as disclosed by the bureau of labor statistics on tuesday.
The Comparable Figure In February 2024 Was 1.6 Percent.
The february uptick in prices was largely driven by the increase in the cost of housing, which climbed by 0.4 percent, and gas, which surged by 3.8 percent after.
That's The Largest Gain Since January 2023.
So far, 2024 has not delivered.
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So Far, 2024 Has Not Delivered.
March 12, 2024 at 8:56 am edt.
That's The Largest Gain Since January 2023.
Overall inflation is expected to hold steady at 3.1 percent on an annual basis.
The Federal Reserve Is Looking For Steady, Reliable Signs That Inflation Is Simmering Down Before It Cuts Interest Rates This Year.
Us inflation rate is at 3.09%, compared to 3.35% last month and 6.41% last year.