Realistbear Posted March 16, 2006 Share Posted March 16, 2006 (edited) http://freeserve.advfn.com/news_U-S--Feb--...-_14628980.html 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. http://uk.us.biz.yahoo.com/rb/060316/economy.html?.v=3 Reuters 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 March 16, 2006 by Realistbear Quote Link to comment Share on other sites More sharing options...
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