U.S. Consumer Inflation Slows to 2.8% in February, Below Expectations
The Consumer Price Index (CPI), a key indicator of inflation in the world's largest economy, rose 2.8% year-over-year, down from 3.0% in January. On a monthly basis, inflation eased to 0.2%, compared to 0.5% in the previous month.
Economists had projected annual and monthly increases of 2.9% and 0.3%, respectively.


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