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CHICAGO, ILLINOIS - MARCH 12: Gas prices are displayed at a gas station on March 12, 2024 in Chicago, Illinois. Gas prices climbed 3.8% percent in February after falling 3.3% the previous month. The Consumer Prices Index showed prices overall rose .04% for the same month which was more than analysts had expected and the largest increase since September. (Photo by Scott Olson/Getty Images)

Inflation Increases to 3.2% in February

The latest Consumer Price Index report for February is in, showing an unexpected increase in annual inflation to 3.2 percent, exceeding analysts’ predictions of 3.15 and marking a notable increase from January’s figures.

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