Core CPI (consumer price index) rose 0.4 percent in February, after a 0.3% increase in January. Prices remain sticky, and the (arbitrary) Central Bank target of 2% is a long shot, given the economic strength of US consumerism.
Specifically, other notable inflationary areas year-over-year:
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ANALYSIS: US Inflation Remains Sticky
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Core CPI (consumer price index) rose 0.4 percent in February, after a 0.3% increase in January. Prices remain sticky, and the (arbitrary) Central Bank target of 2% is a long shot, given the economic strength of US consumerism.
Specifically, other notable inflationary areas year-over-year:
Shelter (ie - rent) +5.7%
Airline fares +3.6%
Food (at home) holding steady at 2.2%
Food (away) fluctuating at 4.5% YoY
Transportation services +9.9%
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