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U.S. Feb. CPI up 0.1%; core CPI up 0.1%

WASHINGTON (AFX) - U.S. consumer price index rose 0.1% in February, the
Labor Department reported Thursday. Falling prices for energy, food and clothing
offset higher prices for medical care, shelter and air fares. The increase
matched Wall Street's expectations. The core CPI, meanwhile, increased 0.1%, a
tick lower than the 0.2% gain expected. The CPI has risen 3.6% in the past 12
months, down from 4% last month. The core rate is up 2.1% year-over-year, the
same as last month. In February, energy prices dropped 1.2%. Food prices rose
0.1%. Housing prices increased 0.1% as falling utility prices offset gains in
lodging away from home, rents and owners' equivalent rents.



US inflation tame, housing starts drop in February

Thursday March 16, 9:06 am ET

By Tim Ahmann

WASHINGTON (Reuters) - U.S. inflation was tame last month and the pace of housing construction slowed, according to government reports on Thursday that led financial markets to trim bets on how far interest rates will rise.
The U.S. consumer price index edged up just 0.1 percent in February, both overall and excluding volatile food and energy prices, the Labor Department said.
Separately, the Commerce Department said housing starts, completions and permits for future building all dropped in February.
The report pointed to moderation after a five-year rally in the housing market
Edited by Realistbear

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

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