The annual inflation rate continues to cool gradually, according to the February inflation report issued Tuesday. But it remains high by historical standards.
A positive but declining inflation rate doesn't mean consumer prices are falling; it signals that they're increasing more slowly.
Other "notable increases" included motor vehicle insurance , household furnishings and operations , new vehicles and recreation . Grocery prices are up 10.2% and dining out is up 8.4%. Energy prices jumped 5.2%.
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