Annual Inflation Up 6% in February as Pace Continued to Slow

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Annual Inflation Up 6% in February as Pace Continued to Slow
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Consumer prices were up 0.4% in February from a month before and up 6% over the last 12 months, according to the Bureau of Labor Statistics. See the potential biases and similarities in reports from wsj, dcexaminer and cnnbusiness:

Consumer prices were up 0.4% in February from a month before and up 6% over the last 12 months,The biggest annual prices increases were for transportation services , energy services , and food .

Gasoline and shelter were among the items with the largest monthly price increases, while the energy index overall fell 0.6%. The prices of used cars and trucks were down 13.6% in February from a year before. When stripping out the more volatile energy and food items,"core" prices grew 0.5% on a monthly basis and 5.5% annually.

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