Inflation Decreased For The Eighth Consecutive Month

The Bureau of Labor statistics revealed that the annual price increases continued to slow last month.

A recently released Consumer Price Index report revealed that inflation decreased last month.

The Bureau of Labor statistics revealed that the annual price increases continued to slow last month.

CPI measured 6% for the year ended in February which is down from January’s 6.4% and lines up with economists’ expectations.

The drop marks the eighth consecutive month that the annual rate has declined and also marks the lowest level since September of 2021.