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CPI Inflation Was Higher Than Expected In January

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, gas, and housing pushed the inflation rate out of the 2% range for the first time since May.

Seeking Alpha · 2d

Consumer Price Index: Inflation Heats Up To 3.0% In January

The Consumer Price Index for All Urban Consumers increased 0.5% on a seasonally adjusted basis in January, after rising 0.4% in December, the U.S. Bureau of Labor Statistics reported today.

U.S. News & World Report on MSN · 2d

Wholesale Inflation Rose in January More Than Expected

America’s inflation headache isn’t going away soon, as a report on wholesale prices released Thursday showed them rising in January by 0.4%, more than expected. For the year, the producer price index increased by 3.

US inflation heats up to 3% for first time since June

It’s not just eggs. Many commonly purchased goods and services got more expensive in January, driving inflation in the wrong ...

US Dollar gives up gains despite strong CPI data

The US Dollar Index jumped after January CPI data surprises to the upside, fueling expectations of higher rates for a longer ...

Forbes19d

Here’s What To Expect From January’s CPI Inflation Figures

The CPI release is scheduled for February 12 ... That said, housing inflation has remained stubborning high for some time, despite many predictions that it may cool. Other categories that ...

TheStreet.com1mon

What Is the Consumer Price Index? Definition and Importance

Changes in the CPI over time are used to estimate the rate of inflation. The consumer price index is essentially a collection of average current prices of common goods and services weighted ...

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