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Groupon starts refund program
WASHINGTON, March 14 (UPI) -- The seasonally adjusted Consumer Price Index was virtually unchanged in February, the U.S. Department of Labor reported Friday.
Following a 0.4 percent rise in January, analysts had expected a 0.3 percent rise in February but that did not occur.
The index for energy declined in February with a 1.7 percent increase in energy services offset by a 1.9 percent decline in energy commodities, the report said.
Downturns were noted in apparel and new and used cars. Healthcare costs rose modestly at 0.1 percent and food prices rose 0.4 percent.
The index for housing increased 0.2 percent, but shelter, including rent, whjch rose, and lodging, which declined, was unchanged.
The indexes for fuel oil dropped 1.5 percent, and the index for electricity dropped 0.3 percent, the report said.
The core rate also held with no change on the month.
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