Inflation rose unexpectedly in January, with the Consumer Price Index rising 3% over the last 12 months, up from 2.9% in December. Forecasters had expected inflation to slow down, but prices for food, ...
Consumer Price Index inflation rose 0.5% month-on-month, likely incrementally delaying any Federal Reserve plans for interest rate cuts.
The annual rate of change reflects changes in prices of consumer goods and services in a certain month compared with the same month in the previous year; it is the year on-year change of the ...
January's Consumer Price Index will serve as the latest test of whether inflation pressures have eased further.
Economists expect the consumer price index rose 2.9% last month, matching the year-over-year increase in December. The annual rate of inflation has been mostly inching higher since October. That has ...
Inflation was hotter than expected last month, but it’s worth keeping in mind that annual pricing shifts and even minimum ...
The cost of food and energy continued to climb in January, hitting 3% for the first time since June 2024, pushing the cost of living higher for Americans.