00:00It's Benzinga bringing Wall Street to Main Street.
00:02February's Consumer Price Index report showed moderating inflation across several goods
00:07categories, offering a supportive backdrop for consumer-focused exchange-traded funds,
00:11according to Benzinga. Inflation rose 0.3% in February and 2.4% over the 12 months through
00:19February. New vehicle prices were flat for the month and up 0.5% year-over-year,
00:24while used vehicle prices and auto insurance declined in February.
00:28Services inflation remained strong in categories such as medical care,
00:32airline fares, and lodging. Cooling goods inflation could support consumer spending and discretionary
00:38retailers benefiting funds such as State Street Cons Disc Cell Sect SBDR Income ETF and Vanguard
00:44Consumer Discretionary Index Fund ETF. Rising oil prices linked to Middle East tensions could
00:50push logistics costs higher. For all things money, visit Benzinga.com.
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