Key Points:
- The Consumer Price Index (CPI) rose 0.2% in February, after rising 0.5% in January.
- CPI increased 2.8% from a year ago, down from 3.0% in January.
- The index for shelter rose 0.3%, the index for food rose 0.2%, and the energy index rose 0.2% over the month.
- The index for food at home was unchanged over the month while the index for food away from home rose 0.4%.
- The core CPI, which excludes food and energy, rose 0.2% in February and is up 3.1% from the previous year.
- This marks the first decline in both Headline and Core CPI since July 2024.
- The energy index is down 0.2%, the food index is up 2.6%, and shelter is up 4.2% from the previous year.
- The Right Facts will continue to monitor CPI.