Rising food costs lift U.S. consumer prices; coronavirus to weigh on inflation

WASHINGTON (Reuters) – U.S. consumer prices unexpectedly rose in February but could drop in the months ahead as the coronavirus outbreak depresses demand for some goods and services, outweighing price increases related to shortages caused by disruptions to the supply chain. The report from the Labor Department on Wednesday, which

Rising food costs lift U.S. consumer prices in February

WASHINGTON (Reuters) – U.S. consumer prices unexpectedly rose in February but are likely to decline in the months ahead as the coronavirus outbreak depresses demand for some goods and services, outweighing price increases related to shortages caused by disruptions to the supply chain. The report from the Labor Department on