FXstreet.com (Barcelona) - Consumer prices have risen 4.0% year on year in February, and they went 2.3% up excluding food and energy, while they remained flat on the month, according to data released buy the US Labor Department.
On the month, both CPI as well as core CPI remained unchanged, against the analysts expectations of slight increases. Wall street economists had advanced a 0.2% increase for the Core CPI and a 0.3% rise for the CPI.
Energy prices have risen 18.9% on the year, while they declined 0.5% on the month. Food prices have posted a 4.6% yearly increase and a 0.4% rise on the month, while housing, which accounts for 40% of the CPI increased 0.2% on the month for its second consecutive time, and 2.8% year on year.