UPDATE 1-U.S. consumer prices rise moderately in January

Newswire

(Updates with economists reaction, more details) By Caren Bohan WASHINGTON, Feb 21 (Reuters) - Costlier energy boosted U.S. prices at the retail level in January but costs for everything from food to new cars were tame, the government said on Friday in a report that may allay inflation fears. The Consumer Price Index, the main U.S. inflation gauge, advanced 0.3 percent last month, the Labor Department said, matching the expectations of private economists. It was the biggest rise in ...

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