US consumer prices post largest increase in nearly 1-1/2 years in January
U.S. consumer prices increased by the most in nearly 1-1/2 years in January, with Americans facing higher costs for housing and food, reinforcing the Federal Reserve's message that it was in no rush to resume cutting interest rates amid growing uncertainty over the economy.
US Consumer Price Index - January 2025
The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.5 percent on a seasonally adjusted basis in January, after rising 0.4 percent in December, the U.S. Bureau of Labor Statistics reported today.
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 consumer inflation increases at fastest pace in nearly 1-1/2 years in January
Americans are facing higher costs. Trump was elected on promises to lower prices for inflation-weary consumers and high inflation could imperil his agenda.
US Consumer Price Index (CPI) for January 2025 is Projected to Rise 2.9% Year-Over-Year
The median estimate (year-over-year, not seasonally adjusted) for the consumer price index (CPI) for the month of January 2025 is 2.9%. If 2.9% is the actual year-over-year increase in the CPI, it will match the number from the previous month.
Inflation Higher Than Expected in January
Consumers are seeing no relief from high prices as shelter, transportation and food costs drove inflation in January.
US consumer prices increase more than expected in January
U.S. consumer prices increased more than expected in January, reinforcing the Federal Reserve's message that it was in no rush to resume cutting interest rates amid growing uncertainty over the economy.
US wholesale prices up a hotter-than-expected 0.4% in December
U.S. wholesale prices came in hotter than expected last month at a time when progress against inflation appears to have stalled, undercutting expectations for lower interest rates this year
US egg prices hit a record high of $4.95 and are likely to keep climbing
Egg prices have reached a record high in the U.S. as an ongoing bird flu outbreak that began in 2022 is making eggs terribly ...
US import prices rise moderately in January
U.S. import prices increased slightly less than expected in January as a surge in the cost of fuels was partially offset by ...
US Inflation News Gets Worse as Wholesale Prices Jump
The producer price index for final demand climbed 0.4% from a month earlier, and that after an upwardly revised 0.5% increase ...
US wholesale prices remained high last month, a sign progress on inflation may have stalled
US wholesale inflation remained stubbornly elevated last month, another sign that even higher prices could be ahead for ...
US inflation worsened last month in latest sign of sticky price pressures
U.S. inflation accelerated last month as the cost of groceries, gas, and used cars rose, a trend that will likely underscore ...
US eggs prices hit a record high of $4.95 and are likely to keep climbing
Egg prices have reached a record high in the U.S. The consumer price index released on Wednesday confirmed what consumers, ...