Cost of living up more than expected in Feb

Core consumer-price index rises 0.2 per cent for second month, says Labor Department

Published Tue, Mar 24, 2015 · 09:50 PM

    Washington

    THE cost of living in the US excluding food and fuel rose more than forecast in February, reflecting broad-based gains that helped keep a floor under inflation.

    The so-called core consumer-price index climbed 0.2 per cent for a second month, a Labor Department report showed on Tuesday in Washington. Prices overall also climbed 0.2 per cent, the first advance in four months, as fuel costs stabilised.