The US Labor Department said consumer prices inched up just 0.1 percent in February, suppressed by cheaper gasoline, fuel oil, natural gas, and electricity. Energy costs are being held down by high production among OPEC nations, the Asia crisis, and a mild winter in the US north, analysts say.
US Inflation Tame
The US Labor Department said consumer prices inched up just 0.1 percent in February, suppressed by cheaper gasoline, fuel oil, natural gas, and electricity. Energy costs are being held down by high production among OPEC nations, the Asia crisis, and a mild winter in the US north, analysts say.
