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Consumer prices rose 6 percent annually in February as inflation eased
The Hill ^ | 03/14/2023 | TOBIAS BURNS

Posted on 03/14/2023 6:11:55 AM PDT by ChicagoConservative27

The consumer price index (CPI) rose by 0.4 percent in February for an annual increase of 6 percent, right in line with what economists had been expecting, according to data released Tuesday by the Labor Department.

The 6 percent annual inflation rate was the lowest yearly price increase since September 2021.

Without food and energy prices, which are more volatile, the CPI rose 0.5 percent in February and 5.5 percent over the past 12 months.

(Excerpt) Read more at thehill.com ...


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS: consumer; eased; inflation; rose
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To: ChicagoConservative27
>> Without food and energy prices

Well that's good. Because nobody I know uses food or energy. 😠

21 posted on 03/14/2023 6:57:46 AM PDT by NewJerseyJoe (Rat mantra: "Facts are meaningless! You can use facts to prove anything that's even remotely true!")
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To: NewJerseyJoe

I myself prefer to freeze, and starve. /sarc


22 posted on 03/14/2023 7:03:03 AM PDT by EvilCapitalist (81 million votes my ass.)
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To: ConservativeInPA

The folks in Tahoe have 15 ft of global warming in their yards.


23 posted on 03/14/2023 7:27:19 AM PDT by Jolla
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To: ChicagoConservative27

They removed the items that most affect consumers (food and energy) and which are most volatile and then they claim that inflation eased.

And most of the media go along with the fantasy figures, believing that the boobs in the population will believe them instead of their own eyes and pocketbooks.


24 posted on 03/14/2023 7:41:44 AM PDT by wildbill (The older I get, the less the term 'life in prison" scares me)
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To: bert
Shave $40

What do they shave? Your whole body?

25 posted on 03/14/2023 8:18:18 AM PDT by seowulf (Civilization begins with order, grows with liberty, and dies with chaos...Will Durant)
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To: ChicagoConservative27

6 percent equals 12 percent.


26 posted on 03/14/2023 8:49:45 AM PDT by cowboyusa (There is no co- existence with Pinks and Reds)
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To: ChicagoConservative27

No one mentions that it is cumulative! Prices of everything keep going up and the Feds target at 2% will never happen given the Biden administration’s policies.


27 posted on 03/14/2023 8:52:46 AM PDT by CFW (old and retired)
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To: ChicagoConservative27

LIARS.


28 posted on 03/14/2023 9:39:14 AM PDT by Organic Panic (Democrats. Memories as short as Joe Biden's eyes)
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To: FlingWingFlyer

I will check the price of butter and eggs....
Nope inflation still high!


29 posted on 03/14/2023 12:21:35 PM PDT by minnesota_bound (Need more money to buy everything now)
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To: EvilCapitalist

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30 posted on 03/14/2023 2:06:31 PM PDT by minnesota_bound (Need more money to buy everything now)
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