US Inflation Dips to 2.8% in February
- The U.S. Consumer Price Index (CPI) for February was 2.8%.
- This figure is slightly below the anticipated rate of 2.9%.
- The CPI is a key measure of inflation in the United States.
The latest data from the U.S. Bureau of Labor Statistics shows that February’s Consumer Price Index eased to 2.8%, which is slightly less than the expected rate of 2.9%, indicating a cooling trend in inflation.
Source (2.6)https://news.bitcoin.com/us-inflation-dips-to-2-8-but-blockchain-data-suggests-its-even-lower/?rand=52384