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ECON: Core Consumer Prices As Expected
Posted to: Micro News
Friday, March 15, 2013 8:45 AM

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- Headline CPI +0.7 vs +0.5 Consensus
- Core CPI +0.1741 vs +0.2 Consensus

The gasoline index rose 9.1 percent in February to account for almost three-fourths of the seasonally adjusted all items increase. The indexes for electricity, natural gas, and fuel oil also increased, leading to a 5.4 percent rise in the energy index. The food index increased slightly in February, rising 0.1 percent. A sharp increase in the fruits and vegetables index was the major cause of the 0.1 percent increase in the food at home index, with other major grocery store food group indexes mixed.




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