Forbes says, "On Friday, the U.S. Labor Department reported that consumer prices, as measured by the Consumer Price Index, were unchanged last month, a surprisingly strong performance versus the 0.3% gain that had been expected. Consumer price inflation, which had been pushing relentlessly higher, saw the mildest reading in six months, in February, as the costs of energy and food moderated. The relief was expected to be short-lived, given that energy prices have resumed their upward climb."
The CPI was for Feb. Note energy and food moderated in Feb.
-Tom
__________________
Sarver, PA/Crystal River, FL/Shelocta, PA · FMCA 335149 · W3TLN 2005 Suncruiser 38R · W24, no chassis mods needed · 2013 Honda Accord EX-L · 2008 Honda Odyssey EX-L
|