February 8th - Search News

Core inflation in February hits 2.8%, higher than expected

Core inflation in February hits 2.8%, higher than expected; spending increases 0.4%

The Federal Reserve’s key inflation measure rose more than expected in February while consumer spending also posted a smaller-than-projected increase, the Commerce Department reported Friday.

Sohu · 1d

February Core Inflation Surges to 2.8%, Consumer Spending Rises 0.4%

Core inflation serves as a more reliable gauge of persistent inflation trends by omitting the volatile food and energy prices from its calculations. As such, the 0.4% monthly increase in core inflation could indicate underlying inflationary pressures that are stronger than the overall inflation metrics suggest.

CNBC on MSN · 2d

Core inflation in February hits 2.8%, hotter than expected; spending increases 0.4%

The core personal consumption expenditures price index showed a 0.4% increase for the month, putting the 12-month inflation rate at 2.8%. Economists surveyed by Dow Jones had been looking for respective numbers of 0.3% and and 2.7%.

NBC Montana2d

Montana unemployment rate unchanged in February at 2.8%

Montana’s Unemployment Rate Remains at Record LowsHELENA, Mont. – Governor Greg Gianforte today announced Montana’s ...

Indian banks' loan growth slows for 8th straight month in Feb: RBI data

The data showed that banks' credit increased by 12 per cent year-on-year last month, slower than the 16.6 per cent rise a ...

AOL10d

Wisconsin tax collections up 8% in February, 5.7% for fiscal year

Wisconsin saw a 3.8% in sales and use taxes in February, collecting $560 million compared to $540 million a year before. Sales tax collections are $4.6 billion for the fiscal year compared to ...

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Core inflation in February hits 2.8%, higher than expected

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