On a year-over-year basis, the overall consumer price index rose by 6% at the end of February, down from 6.4% in January. The CPI increased by 0.4% in February, slightly lower than January's 0.5%.
Looking at the four major categories in the CPI report, two showed decelerating increases, and energy fell by 0.6%. Services were the exception, rising by 0.6% over the previous month vs. 0.5% in the prior month.
