Tuesday, March 12, 2019

BLS: CPI increase 0.2% in February, Core CPI increased 0.1%

by Calculated Risk on 3/12/2019 08:51:00 AM

From the BLS:

The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2 percent in February on a seasonally adjusted basis after being unchanged in January, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items index increased 1.5 percent before seasonal adjustment.
...
The index for all items less food and energy increased 0.1 percent in February after rising 0.2 percent in January.
..
The all items index increased 1.5 percent for the 12 months ending February, a smaller increase than the 1.6-percent rise for the 12-months ending January. The index for all items less food and energy rose 2.1 percent over the last 12 months, a slightly smaller figure than the 2.2-percent increase for the period ending January.
emphasis added
I'll post a graph later today after the Cleveland Fed releases the median and trimmed-mean CPI.