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.
It’s not just eggs. Many commonly purchased goods and services got more expensive in January, driving inflation in the wrong ...
Thanks for joining us today. Here are five key takeaways from the January CPI inflation report: ...
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US inflation accelerated last month as the cost of groceries, gas, and used cars rose, a trend that will likely underscore ...
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All eyes will be on the US inflation report later today. The CPI report for January is released at 1330 GMT and is expected ...
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