U.S. CPI accelerates to 3.2 percent in February amid continued inflation pressure

STORY: U.S. CPI accelerates to 3.2 percent in February amid continued inflation pressure SHOOTING TIME: March 12, 2024, File DATELINE: March 13, 2024 LENGTH: 00:01:40 LOCATION: Washington D.C. CATEGORY: ECONOMY SHOTLIST: 1. various of exterior of the U.S. Labor Department (November 4, 2023) 2. various of a grocery store in Arlington, U.S. state of Virginia (March 12, 2024) STORYLINE: U.S. consumer inflation in February sped up to 3.2 percent from a year ago, after slowing to 3.1 percent in January, indicating continued inflation pressure, the U.S. Labor Department reported Tuesday. The Consumer Price Index (CPI) increased 0.4 percent in February on a seasonally adjusted basis, after rising 0.3 percent in January, according to the department's Bureau of Labor Statistics. The index for shelter rose in February, as did the index for gasoline. Combined, these two indexes contributed over 60 percent of the monthly increase in the index for all items, the report showed. The energy index rose 2.3 percent over t

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