Food inflation over the past year has also been "fairly tame," House said. Grocery prices are up 1.3% since September 2023, according to the CPI. Prices for agricultural commodities — a "major ...

The consumer price index rose 2.8% in February from 12 months earlier. Inflation decelerated but economists fear tariffs will ...

Shelter inflation was 4.4% over the past year, the smallest 12-month increase since January 2022. "We're increasingly confident we're through the worst of the shelter inflation," Seydl said.