Data Show Strong Consumer Spending and Inflationary Pressures Persisting | Fannie Mae

Key Takeaways: The Consumer Price Index (CPI) increased 0.4 percent in February, according to the Bureau of Labor Statistics (BLS). Over the year, prices rose 6.0 percent, a slowdown of four-tenths from January, though this is due mostly to base effects. Energy prices declined 0.6 percent over the month as piped natural gas prices pulled…