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 flu, the U.S. Bureau of Labor Statistics reported Wednesday.
Why U.S. Consumer Prices Increased 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.
Inflation ticks up to 3 percent annual increase in January
The consumer price index (CPI) increased by 0.5 percent in January to hit an annual increase of 3.0 percent after advancing by 2.9 percent in December. Economists were expecting the CPI to
Consumer Price Index shows inflation heated up in January
The Consumer Price Index rose 0.5%, while a measure that strips out energy and food rose 0.4%, the Labor Department said on Wednesday. Why it matters: It's a warning to the White House and the Fed about inflation's potential staying power across the economy.
January U.S. Consumer Prices Rise Faster than Expected
The Consumer Price Index rose month-to-month and year-over-year, both surpassing expectations with increases in shelter, food and core inflation.
Inflation rose in January as prices for groceries and housing picked up
Consumer prices rose by 3.0 percent annually last month, hotter than reported in December. Inflation heated up more than expected in January, as prices for groceries, housing and energy all picked up for Americans in early 2025,
Everyday prices increased again in January, and so did inflation
Consumer Price Index showed that while average price gains are moderating, some everyday prices are seeing big price gains.
Inflation hotter than expected in January, consumer price index shows
The consumer price index shows that inflation accelerated in January at a pace economists weren't forecasting, rising 3% on an annual basis and 0.5% monthly. CBS News MoneyWatch correspondent Kelly O'Grady reports.
Sticky US inflation reinforces the Fed's cautious message
All eyes will be on the upcoming inflation numbers in the US.
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Disappointing U.S. CPI Data Sends Bitcoin Tumbling Below $95K
The so-called core CPI, which excludes food and energy costs, rose 0.4% in January versus an expected 0.3% and 0.2% the ...
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Consumer price index
The inflation rate in Germany is expected to be +2.3% in January 2025. It is measured as the change in the consumer price index (CPI) compared with the same month a year earlier. Based on the ...
EUR/USD declines as hotter-than-expected US CPI lifts US Dollar
EUR/USD moves higher to near 1.0380 in Wednesday’s European session ahead of the United States (US) Consumer Price Index (CPI ...