Consumer prices in the United States in February increased by 3.2% compared to the same month last year. Thus, the rate of increase accelerated from 3.1% in January, the country's Ministry of Labor reported.
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How prices have changed
Energy prices in the United States decreased by 1.9% last month in annual terms after a fall of 4.6% in January. Including gasoline fell in price by 3.9%.
The rate of growth in the cost of food slowed to 2.2% from 2.6%, new cars – to 0.4% from 0.7%, goods medical supplies – up to 2.9% from 3%.
At the same time, prices for clothing did not change (after an increase of 0.1% in January), and the cost of used cars decreased by 1.8% (- 3.5%).
The CPI index in February increased by 0.4% compared to the previous month. The pace of growth was the fastest in five months. In January, the growth was 0.3%.
Consumer prices excluding the cost of food and energy (Core CPI index) in February increased by 0.4% on a monthly basis and by 3.8% on an annual basis.
In January, the increase was 0.4% and 3.9%, respectively. Analysts on average predicted an increase in the Core CPI index by 0.3% over the month and by 3.7% over the year.
- US Inflation