Follow along with Investopedia's live coverage of Friday's inflation report from the Bureau of Labor Statistics.

Oil prices have surged since the start of the conflict with Iran and American consumers are going to suffer the consequences at the gas pump, but the higher cost of energy won’t show up in the latest reading on U.

In February, US CPI inflation rose 2.4 per cent annually, in line with expectations . The data predates the outbreak of war in Iran and will not give much of a st

Inflation remains stubborn in the latest CPI report, and your savings need to keep pace. Here’s the magic number to beat—and easy ways to do it.

Inflation held steady in February, though prices for goods like beef and coffee saw notable increases while prices for eggs and smartphones declined compared with last year.

The consumer price index was rose 2.4% in February 2026, above policymakers' target, economists said. War in Iran complicates the picture.

The CPI was expected to rise 2.5% on an annual basis last month, according to economists polled by financial data firm FactSet. The January CPI represents the slowest pace of inflation since May 2025 and is down from December's 2.7% annual rate.

While many economists welcomed the in-line February inflation report, Scott Anderson, chief U.S. economist at BMO Capital Markets, said some of the details left him feeling "a little queasy.” “There were a number of important components,