The Consumer Price Index (CPI-U) increased 0.4% in February after rising 0.3% in January, the Bureau of Labor Statistics reported Wednesday. Core CPI for February was up 0.2% month/month versus an expected increase of 0.1%. Meanwhile, the energy index rose 3.3% in February following a 1.7% increase in January as the gasoline index rose 8.3% in February after a 6.0% increase in January.
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