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.
The Consumer Price Index for All Urban Consumers increased 0.5% on a seasonally adjusted basis in January, after rising 0.4% ...
January's Consumer Price Index will serve as the latest test of whether inflation pressures have eased further.
Spencer Platt/Getty Images 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 ...
Both the annual and headline CPI figures were hotter than the estimates of economists polled by LSEG, who had predicted inflation would rise 0.3% on a monthly basis and 2.9% from a year ago ...
The President of the Armstrong Advisory Group, Mike Armstrong offers insight into the latest CPI report as inflation rises to ...
Japan's core consumer price inflation likely accelerated in January from the previous month and rose at the joint-fastest ...
Wall Street's best-known gauge of fear and uncertainty was still indicating low volatility on Thursday, even after a ...
U.S. wholesale prices came in hotter than expected last month at a time when progress against inflation appears to have ...
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