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WASHINGTON (AP) - Consumer inflation, after pushing relentlessly higher, posted its mildest reading in six months in February thanks to energy and food costs moderating. The relief, however, was expected to be short-lived, given that energy prices have resumed their upward climb.
The Labor Department reported Friday that consumer prices were unchanged last month, a better performance than the expected 0.3 percent gain.
Core inflation, which excludes energy and food, also held steady in February after a worrisome 0.3 percent jump in January.
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