Rate of inflation jumps to 3% in January in bigger than expected rise
Rate of inflation jumps to 3% in January in bigger than expected rise - Fuel and VAT on private school bills fuel the Consumer Prices Index
Consumer prices rise 0.5% in January, higher than expected as annual rate rises to 3%
The consumer price index was expected to increase 0.3% in January, according to the Dow Jones consensus estimate.
Inflation rate picked up in January, CPI report shows. Here's what it means for your money.
On a monthly basis, the CPI rose 0.5%, versus economists' forecast for a 0.3% increase, according to FactSet. That's the biggest monthly jump since August 2023. It may be due to price increases set at the start of the year by many businesses, noted Bright MLS chief economist Lisa Sturtevant in an email.
UK inflation expected to rise to 2.8%
The rate of UK inflation is expected to rise when January’s figures are published this morning, partly driven by a bounce in airfares and the introduction of VAT on private school fees
Inflation rises 3% in January, hotter than expected
The Labor Department on Wednesday released the consumer price index for January, which showed that inflation remained elevated in as the Federal Reserve considers a continued pause on rate cuts.
UK inflation rate jumps to 3% in January
Take a look at the below to see how inflation has changed over the last several years - the red dotted line signals the Bank of England's target to keep it at 2%. The Bank considers inflation when weighing up whether to raise or lower interest rates,
UK ONS says inflation was 3.0% in January
British inflation sped up to an annual rate of 3.0% in January from 2.5% in December, official figures showed on Wednesday.
CPI: U.S. consumer prices rise 0.5% in January; egg prices spike 15.2%
U.S. consumer prices rose by more than expected in January, driven by a sharp increase in egg prices amid an outbreak of bird ...
S&P 500: Powell’s Caution and Upcoming CPI Report Keep Markets on Edge
S&P 500 steadies as traders await CPI data and Powell’s testimony. Inflation risks and Trump’s tariffs add uncertainty to the ...
Inflation rises to a high not seen in nearly a year - official figures
A chunky rise in the headline inflation rate will be unwelcome for those hoping for lower interest rates but underlying ...
EUR/GBP remains capped below 0.8300 after hotter UK CPI data
GBP/USD holds steady above 1.2600 in the European morning on Wednesday after the data from the UK showed that the annual CPI ...
This Week's CPI Report May Shock Markets
Inflation expectations are rising, with January's CPI report expected to confirm these worries. Read more to see my thoughts.
CPI report: January inflation data complicates Fed plans as soaring egg, energy costs push consumer prices higher
January's Consumer Price Index will serve as the latest test of whether inflation pressures have eased further.