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Shelter inflation was 4.4% over the past year, the smallest 12-month increase since January 2022. "We're increasingly confident we're through the worst of the shelter inflation," Seydl said ...
While slamming the brakes on wholesale inflation is certainly a win for businesses, it’s also a win for consumers because ...
January's Consumer Price Index said that US inflation rose 3.1% last month while core CPI -- which excludes food and energy prices -- increased 3.9%. Both figures were higher than economists expected.
But services prices increased 0.5%. The Fed's go-to inflation gauge, the Core PCE Index ... That's an increase from 3.9% in January and down from December's 4.4%.
Likewise, the government's measure of wholesale inflation, which shows price increases before they hit consumers, accelerated 0.7% from December to January after having dropped 0.2% from November ...
Inflation surged in January by the most in three months, according to the latest Consumer Price Index released Tuesday. But despite the monthly increase of 0.5%, inflation continued to slow on a ...
The January CPI report shows a continued dip in inflation. ... Labor Department showed that the consumer price index rose 0.3% from December to January, up from a 0.2% increase the previous ...
Inflation cooled in January for the seventh month in a row. But there's a cautionary sign: While the 12-month price increase was slightly lower, prices surged between December and January ...
Core inflation -- a closely watched measure that strips out volatile food and energy prices -- increased 3.9% over the year ending in January, matching the cooldown from the prior month.
In January, the cost of groceries increased for the 10th straight month. A customer shops for meat at a Safeway store in San Rafael, California, on April 12, 2023. (Justin Sullivan / Getty Images) ...
Food inflation accelerated slightly in January compared with the month before. Grocery prices rose 0.4 percent, an increase from 0.1 percent in December. The cost of dining out rose 0.5 percent, a ...
January’s inflation rate of 3% means that if an item cost £100 a year ago, the same thing would now cost £103. It is above the 2.5% inflation rate recorded in December meaning that prices are ...