Consumer Price Index: Inflation Heats Up To 3.0% In January
The Consumer Price Index for All Urban Consumers increased 0.5% on a seasonally adjusted basis in January, after rising 0.4% in December, the U.S. Bureau of Labor Statistics reported today.
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.
CPI Inflation Was Higher Than Expected In January
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 to slow down, but prices for food, gas, and housing pushed the inflation rate out of the 2% range for the first time since May.
Trump slams ‘Bidenflation’ after prices rise more than than expected in January
US inflation rose unexpectedly in January — prompting President Trump to slam his predecessor Joe Biden as the downbeat numbers dimmed hopes for interest rate cuts. The Consumer Price Index rose 3% over the past 12 months after advancing 2.9% in December, the Bureau of Labor Statistics said on Wednesday.
Wholesale Inflation Rose in January More Than Expected
America’s inflation headache isn’t going away soon, as a report on wholesale prices released Thursday showed them rising in January by 0.4%, more than expected. For the year, the producer price index increased by 3.
US inflation heats up to 3% for first time since June
It’s not just eggs. Many commonly purchased goods and services got more expensive in January, driving inflation in the wrong ...
CPI report: January inflation data complicates Fed plans as soaring egg, energy costs push consumer prices higher
January's Consumer Price Index will serve as the latest test of whether inflation pressures have eased further.
Here's the inflation breakdown for January 2025 — in one chart
The consumer price index rose 3% on the year in January 2025. Economists worry that broad disinflation is over, even as ...
Is the Fed in Trouble? A Hot Inflation Report Raises the Stakes.
So far in the 2025 inflation battle, the Federal Reserve is losing. Bird flu continued to wreak havoc on food prices in ...
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‘Our Worst Nightmare!’ CNBC Anchors Watch Stocks ‘Tank’ As Price Inflation Report Comes In Hot Even Before Trump Tariffs
CNBC anchors Becky Quick and Joe Kernen were alarmed as stock futures "tanked" on worse-than-expected CPI in the January ...
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Inflation climbed to annualized rate of 3% in January, Bureau of Labor Statistics reports
The annual U.S. Inflation rate increased to 3% in January, according to the federal government's Consumer Price Index Summary ...
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January reports highest month-over-month inflation increase since August 2023
The consumer price index rose 0.5% in January 2025, driven by higher energy costs, marking the largest month-over-month ...
Trump vowed to end inflation ‘on Day 1’ of his presidency. Now he’s blaming it on Biden.
After a Bureau of Labor Statistics report noted that inflation was up, Trump quickly pointed to former President Joe Biden.
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US CPI for baked foods, cereal dips in January
The January index for bread was 238.7, down 0.7% from December and down 0.7% from a year ago. Under this heading, the CPI for ...