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Consumer Price Index Increases Again

The Consumer Price Index rose 0.4 percent in February on a seasonally adjusted basis, after increasing 0.5 percent in January. Over the last 12 months, the all-items index increased 6.0 percent before seasonal adjustment.

The food index increased 0.4 percent in February, and the food at home index rose 0.3 percent over the month. The index for nonalcoholic beverages increased 1.0 percent in February, after a 0.4-percent increase the previous month. The indexes for other food at home and for cereals and bakery products each rose 0.3 percent over the month.

The index for fruits and vegetables increased 0.2 percent in February, and the index for dairy and related products rose 0.1 percent. In contrast, the meats, poultry, fish, and eggs index fell 0.1 percent over the month, the first decrease in that index since December 2021.

The index for eggs fell 6.7 percent in February following sharp increases in recent months.

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