US inflation got worse with rising prices on groceries and gasoline
Grocery prices climbed 0.5% just in January, pushed higher by a 15.2% surge in egg prices, the biggest monthly increase since June of 2015. Egg prices have soared 53% compared with a year ago. An avian flu epidemic has forced egg producers to cull from their flocks about 40 million birds in December and January.
Inflation increased in January, posing obstacle for Trump tariff …
Feb 12, 2025 · Consumer prices rose 3% in January compared to a year ago, ticking up from the previous month and posing an obstacle for Trump administration tariff policies that many economists expect to raise some prices, government data on Wednesday showed. The inflation reading came in higher than economists had predicted.
Inflation accelerated in January. Here's what CPI report shows.
Feb 12, 2025 · Inflation picked up for a fourth straight month in January amid another rise in in food and energy costs, possibly setting the stage for a year of halting progress in the battle to slow...
Inflation ticks up to 3 percent annual increase in January - The Hill
Feb 12, 2025 · The Consumer price index (CPI) rose 0.5 percent in January, putting annual inflation at 3.0 percent, a higher number than economists expected as President Donald Trump's term began.
Inflation rate picked up in January, CPI report shows. Here's what …
Feb 13, 2025 · Inflation accelerated in January, rising 3% on an annual basis, indicating that the Federal Reserve's push to drive inflation down to a 2% annual rate has stalled out, at least temporarily....
Inflation rises 3% in January, hotter than expected
Feb 12, 2025 · The Labor Department on Wednesday said that the consumer price index — a broad measure of how much everyday goods like gasoline, groceries and rent cost — increased 0.5% in January while it rose...
U.S. inflation increases to 3 percent, groceries and gasoline ... - PBS
Feb 12, 2025 · The consumer price index increased 3% in January from a year ago, Wednesday’s report from the Labor Department showed, up from 2.9% the previous month.
US inflation unexpectedly increases to 3% in January - Financial …
Feb 12, 2025 · Wednesday’s consumer price index figure surpassed the expectations of economists polled by Reuters, who predicted inflation would hold steady at December’s 2.9 per cent. The...
US consumer inflation increases at fastest pace in nearly 1-1/2 …
Feb 12, 2025 · Consumer prices increase 0.5% in January; Shelter, food, gasoline lead broad rise in prices; Consumer price index rises 3.0% year-on-year; Core CPI gains 0.4%; advances 3.3% year-on-year
US inflation heats up to 3% for first time since June - CNN
Feb 12, 2025 · Consumer prices rose 0.5% from December — the fastest pace since August 2023 — resulting in an annual inflation rate of 3% for the 12 months that ended in January, according to the latest...