An index measuring wholesale prices was unchanged in January from February, as falling gas prices and rising egg prices canceled each other out.
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Excluding volatile food and energy prices, so-called core wholesale prices fell 0.1% last month from January, first drop ...
February's Consumer Price Index (CPI) rose 2.8% year-over-year, with core CPI at 3.1%. While both headline and core indices ...
Egg prices again reached a record high in February, as the bird flu continues to run rampant and Easter and Passover approach.
Wednesday's report showed slowing inflation, as the Consumer Price Index rose a less-than-forecast 2.8% in February.
Wholesale prices were roughly flat last month, but an upward revision to the January number meant that producer inflation was steeper than previously estimated at the start of 2025.
The Producer Price Index, a wholesale inflation gauge that is being closely watched for tariff-related impacts, showed that price hikes slowed substantially in February.
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