Inflation held steady in February, though prices for goods like beef and coffee saw notable increases while prices for eggs and smartphones declined compared with last year.

Consumer prices were up 2.4% in February compared with a year ago. That number will be even higher this month if gas prices continue to spike.

The Consumer Price Index report highlights that inflation eased more than expected in January. Data released by the Bureau of Labor Statistics on Friday shows that gas prices declined, while grocery prices increased slightly last month. With inflation ...

WASHINGTON (AP) — U.S. wholesale prices rose a hotter-than-expected 0.5% in December. The Labor Department reported Friday that its producer price index — which measures inflation before it hits consumers — rose from November to December at the ...

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