US housing inflation remains stable, impact of February CPI weakens
ChainCatcher news, according to Golden Ten Data, in February, inflation in U.S. housing prices (including owner-occupied housing, rental housing, and accommodation) continued to ease. Housing accounts for almost half of the core CPI, and its gradual slowdown over the past three years has been an important factor in regulating the overall inflation trend. In February, housing prices rose by 0.2% month-on-month for the second consecutive month, with the year-on-year growth rate stabilizing at 3%, far below the 4.2% recorded in the same period last year.
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