date:Apr 01, 2013
cent after being flat for two straight months. February's increase in the PCE index was the largest since August.
But a core reading that strips out food and energy costs rose only 0.1 percent after increasing 0.2 percent in January, showing no sign of underlying inflation pressures.
Over the past 12 months, inflation has risen 1.3 percent after a similar gain in the period through January.
Core prices were up 1.3 percent, well below the Federal Reserve's 2 percent target. They also had risen