Advertisement

You will be redirected to the page you want to view in  seconds.

Gas spike drives consumer prices up 0.7 percent

7:58 PM, Mar. 15, 2013  |  Comments
  • Filed Under

WASHINGTON - A spike in gas prices drove a measure of U.S. consumer costs up in February by the most in more than three years. But outside the gain in fuel, inflation was mostly modest.

The Labor Department says consumer prices increased a seasonally adjusted 0.7 percent last month from January, the biggest rise since June 2009. Still, three-fourths of the increase reflected a 9.1 percent surge in gas prices. Gas prices had fallen for the previous four months. Food prices increased just 0.1 percent.

For the 12 months that ended in February, prices increased 2.0 percent. That's in line with the Federal Reserve's inflation target.

Excluding volatile food and energy costs, core inflation rose just 0.2 percent in February. Over the past 12 months, core prices have risen just 2 percent.

What's your take on the Packers Family Night change?

Retrieving results.
Watching practice is fine.(Your vote)
15%
573 votes
I'd rather watch a scrimmage.(Your vote)
23%
856 votes
I don't want to pay to watch practice.(Your vote)
27%
1013 votes
It doesn't matter to me.(Your vote)
34%
1271 votes

Catch up on the latest in our pregame show every game day.

Football fans

If you've ever answered "Who has the ball?" with "It's halftime," you might recognize The Airhead. Check out the characters in our cartoon gallery of oddball fans.

Special Reports

ORDER YOURS

Football fans

If you've ever answered "Who has the ball?" with "It's halftime," you might recognize The Airhead. Check out the characters in our cartoon gallery of oddball fans.

Special Reports