US consumer prices rose 0.2 percent in February

US consumer prices rose 0.2 percent in February

WASHINGTON (AP) — U.S. consumer prices rose 0.2 percent in February, pushed up slightly by higher gasoline and housing costs even as the prices for autos and clothing slumped.

The Labor Department said Tuesday that the consumer price index rose a modest 1.5 percent last month from a year ago.

Inflation has been muted despite the solid job market, causing average hourly earnings — after being adjusted for consumer prices — to climb 1.9 percent in the past year.

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