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The Guardian - US
The Guardian - US
Business
Lauren Aratani in New York

US inflation stayed flat at 2.4% in February before effects of war on Iran kicked in

Prices listed at an Exxon gas station with a US flag flying above.
Gas prices at an Exxon station in Washington DC on 10 March. Photograph: Kylie Cooper/Reuters

US inflation stayed flat at 2.4% in February, according to government data released Wednesday that provides a snapshot of the US economy before it was thrown into a tailspin by the US-Israel conflict with Iran.

The levelling comes after prices swung last year, reaching a four-year low in April before shooting back up in September. In late fall, inflation crept down again, reaching 2.4% in January.

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