India, March 28 -- While the Commerce Department released a report on Friday showing U.S. consumer prices increased in line with economist estimates in the month of February, core consumer prices rose by slightly more than expected.
The Commerce Department said its personal consumption expenditures (PCE) price index rose by 0.3 percent in February, matching the increases seen in the two previous months as well as economist estimates.
The report showed prices for goods crept up by 0.2 percent in February after climbing by 0.5 percent in January, while prices for services rose by 0.4 percent in February following a 0.3 percent increase in January.
The annual rate of growth by the PCE price index was 2.5 percent in February, unchanged from ...