{"id":4108,"date":"2025-03-12T21:53:42","date_gmt":"2025-03-13T01:53:42","guid":{"rendered":"https:\/\/sharewatch.com\/wp\/2025\/03\/12\/u-s-inflation-eased-more-than-expected-in-february\/"},"modified":"2025-03-12T21:53:42","modified_gmt":"2025-03-13T01:53:42","slug":"u-s-inflation-eased-more-than-expected-in-february","status":"publish","type":"post","link":"https:\/\/sharewatch.com\/wp\/2025\/03\/12\/u-s-inflation-eased-more-than-expected-in-february\/","title":{"rendered":"U.S. Inflation Eased More Than Expected in February"},"content":{"rendered":"<div class=\"css-s99gbd StoryBodyCompanionColumn\" data-testid=\"companionColumn-0\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">Inflation eased more than expected in February, a welcome sign for the Federal Reserve as it grapples with the prospect of higher prices and slower growth as a result of President Trump\u2019s trade war.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">The Consumer Price Index was up 2.8 percent from a year earlier, after rising another 0.2 percent on a monthly basis. That was a step down from January\u2019s<strong class=\"css-8qgvsz ebyp5n10\"> <\/strong>surprisingly large 0.5 percent increase and came in below economists\u2019 expectations.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">The \u201ccore\u201d measure of inflation, which strips out volatile food and fuel prices to give a better sense of the underlying trend, also ticked lower. The index rose 0.2 percent from the previous month, or 3.1 percent from a year earlier. Both percentages were below January\u2019s increases.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">The data from the Bureau of Labor Statistics underscored the bumpy nature of the Fed\u2019s progress toward its 2 percent goal. Prices for consumer staples, such as eggs and other grocery items, are rising steeply again, but costs for other categories like gasoline fell. A 4 percent drop in airfares in February was a primary driver of the better-than-expected data.<\/p>\n<\/div>\n<\/aside>\n<\/div>\n<div class=\"css-s99gbd StoryBodyCompanionColumn\" data-testid=\"companionColumn-1\">\n<div class=\"css-53u6y8\">\n<p class=\"css-at9mc1 evys1bk0\">Egg prices rose another 10.4 percent in February, as an outbreak of avian influenza continued to exacerbate a nationwide egg shortage. Prices for eggs are up nearly 60 percent since last year. Food prices more broadly rose 0.2 percent, or 2.8 percent from a year earlier.<\/p>\n<p class=\"css-at9mc1 evys1bk0\">The cost of used cars also rose 0.9 percent in February, although new vehicle prices declined slightly. Car insurance, which was a huge driver of the index\u2019s unexpectedly large increase in January, rose again, but at a much slower pace of 0.3 percent. It is up just over 11 percent over the past year.<\/p>\n<\/div>\n<\/aside>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Inflation eased more than expected in February, a welcome sign for the Federal Reserve as it grapples with the prospect of higher prices and slower growth as a result of President Trump\u2019s trade war. The Consumer Price Index was up 2.8 percent from a year earlier, after rising another 0.2 percent on a monthly basis. 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