Prices paid by U.S. consumers rose 0.3 percent in February, forced higher by rising costs for
gasoline and medical care, and excluding energy and food, core prices increased 0.2 percent, the same as a month earlier, according to reports published yesterday.
The rise in the consumer price index followed a 0.5 percent gain in January, when energy costs jumped the most since the war in Iraq began, the Labor Department in Washington reports. Core prices
were 1.2 percent higher in the 12 months ended in February. The rise compares with 1.1 percent in each of the previous three months, the smallest gain since 1966, according to Bloomberg.
Rhode Island's Market Has Changed. Developers, Builders, Investors and Sellers Must Change With It.
By Emilio DiSpirito IV License Partner | Engel & Völkers Oceanside Leader | The DiSpirito…
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Crude oil rose to the highest level since the Persian Gulf War in 1990 after an Energy Department report showed gasoline inventories fell last week to the lowest level since late November. Bloomberg reports.
Bloomberg News
