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Annual Inflation Rate Declines in Latest Federal Data

Lower energy prices drove down inflation in February, according new federal data released this week.
The U.S. Bureau of Labor Statistics released new data Wednesday showing inflation rose just 0.2% last month, part of a 2.8% rise over the last year. The average annual inflation rate from January’s data was 3%, so overall annual inflation dropped in February.

Annual Inflation Rate Declines in Latest Federal Data