The Consumer Price Index (CPI) increased .9 points in February to 228.4. This is an increase of 2.9% over February 2011 and a 5% increase over two years ago.
The CPI of gasoline tells a much different story, however. The gas CPI is up 14.3 points, or 4.9%, to 305.1. However, even with the rapidly rising gas prices it is still 12.6% lower than last February.
-From the Bureau of Labor Statistics and the St. Louis Federal Reserve