“Core” C.P.I., which more closely reflects underlying inflation by removing volatile food and energy prices, also showed little improvement. It rose 0.4 percent from December or 3.3 percent on a ...

The Bureau of Labor Statistics will release the consumer price index report for January on Wednesday, Feb. 12.

The chief source of inflation in January was the cost of shelter. That accounted for about 30% of the overall increase in the consumer-price index. Yet shelter costs — rent and housing — are actually ...

Economists expected consumer prices to rise 0.3% on a monthly basis in January, and for the annual inflation rate to rise to ...

US inflation picked up broadly at the start of the year, further undercutting chances of multiple Federal Reserve ...

Inflation accelerated in January, with the consumer price index rising 3% year over year, above economists' expectations.

The consumer price index (CPI) increased by 0.5 percent in January to hit an annual increase of 3.0 percent after advancing by 2.9 percent in December. Economists were expecting the CPI to ...

Inflation slowed through much of last year – falling as low as 2.4% from a 40-year high of 9.1% in mid-2022 – but it has remained stubbornly high since fall. The cost of services such as car insurance ...

Thanks for joining us today. Here are five key takeaways from the January CPI inflation report: ...

US prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting interest rates for some time this year. The personal consumption ...

WASHINGTON (Reuters) - U.S. inflation increased by the most in eight months in December amid robust consumer spending on goods and services, suggesting the Federal Reserve would probably be in no ...

Consumer spending, which accounts for more than two-thirds of U.S. economic activity, jumped 0.7% in December after an upwardly revised 0.6% rise in November. Spending was previously reported to ...