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.
Inflation heated up more than expected in January, as prices for groceries, housing and energy all rose for Americans in ...
Americans are facing higher costs. Trump was elected on promises to lower prices for inflation-weary consumers and high ...
January inflation ran hot, and the odds of Fed interest rate cuts fell as Consumer Price Index total CPI inflation ...
Inflation rose 3%, according to numbers released Wednesday. But the price of eggs was up more than five times that due to ...
Don’t expect to see much progress on cooling inflation in January’s data. The beginning of the year is typically ripe for ...
Wholesale Producer Price Index inflation in the United States rose 0.4% in January, according to a Thursday Bureau of Labor ...
On Wednesday the Labor Department is expected to report that in January the consumer price index rose 2.9% from a year ago, ...
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Retail Spending Slips As Inflation Climbs In January, Adding To Economic ConcernsAfter a solid holiday season, US retail sales took a surprising step back to start 2025, snapping a streak of growth and ...
With consumer spending making up two-thirds of economic activity in the U.S., the sales numbers indicate potentially weaker ...
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