The latest inflation data from the Labor Department showed that price increases continued at a steady pace in February, though some items saw notable price hikes or declines.The Bureau of Labor Statistics found that the consumer price index (CPI) rose 2.4% from a year ago in February, a figure that was in line with the expectations of economists polled by LSEG and unchanged from January's reading.Core CPI inflation – a figure which excludes volatile measures of food and energy prices – was up 2.5% in February, also in line with expectations and unchanged from a month ago.The readings for both...
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