This article presents incomplete information. Overall CPI held steady at 2.7%, but core CPI which excludes food and energy costs because of their volatile nature, hit a 6 month high of 3.1%. Total CPI was suppressed by falling fuel prices and moderate food increases. So we should expect to see overall CPI tick up in subsequent months as fuel prices level off.
This article presents incomplete information. Overall CPI held steady at 2.7%, but core CPI which excludes food and energy costs because of their volatile nature, hit a 6 month high of 3.1%. Total CPI was suppressed by falling fuel prices and moderate food increases. So we should expect to see overall CPI tick up in subsequent months as fuel prices level off.