CPI Up 0.4 Per cent in February
"The Consumer Price Index rose 0.4 percent in Februarythe largest such gain since last April. Over the last three months, the CPI has averaged an annualized rate of inflation of 2.5 percent. Last months bump in the inflation rate was largely driven by energy prices, which rose 3.2 percent from January to February. Excluding volatile food and energy prices, the core CPI rose 0.1 percent in the month and has grown at a 1.9 percent annualized rate since November."
"Excluding volatile food and energy prices" has to be one of the least meaningful statements occurring in any government report. In other words, if I didn't drive or eat in February, the CPI increase for me was negligible. I wish I'd know that at the beginning of the month I could've adjusted my lifestyle accordingly. Too late for March, now: guess I'll start walking and fasting on April 1.
http://www.cepr.net/index.php/data-bytes/prices-bytes/energy-prices-bump-up-inflation-as-cpi-rises-04-percent-in-february