Key takeaways from January's consumer price index report
The latest CPI report reveals a 3% increase in prices compared to last year, with eggs being just one of the many items seeing higher costs. CBS News Moneywatch correspondent Kelly O'Grady breaks down the key takeaways from the report.
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.
US consumer inflation increases at fastest pace in nearly 1-1/2 years in January
Americans are facing higher costs. Trump was elected on promises to lower prices for inflation-weary consumers and high inflation could imperil his agenda.
January consumer price index report shows a rise in inflation and prices
New numbers from the January consumer price index report show a rise in gas, eggs and coffee prices. NBC News’ Brian Cheung and Investopedia’s Editor-in-Chief Caleb Silver break down the inflation numbers,
CPI Inflation Was Higher Than Expected In January
Key Takeaways 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,
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.
Inflation rises as consumer prices surge in January
January's Consumer Price Index shows a significant increase, with economists concerned about future price hikes.
Inflation Was 3% In January—Worse Than Expected—As Egg Prices Soared 15%
The arguably more important measure of core inflation, which excludes price changes in the often volatile food and energy categories, increased 3.3% year-over-year in January, higher than forecasts of 3.1%. And core prices rose 0.4% from December to January, compared to estimates of 0.3%.
Inflation rose in January as prices for groceries and housing picked up
Consumer prices rose by 3 percent annually last month, higher than reported in December. Inflation heated up more than expected in January, as prices for groceries, housing and energy all rose for Americans in early 2025,
Did Prices Jump in January? Inflation Report Will Provide Latest Update on Consumer Costs
Inflation likely stayed elevated last month in the latest sign that consumer price growth has gotten stuck after declining for much of last year
January PPI Report: What Investors Need to Know About Rising Inflation
A huge source of the PPI increase comes from final demand goods, representing roughly one-third of January’s increase. Fueling this was diesel jumping 10.4% and rising prices for chicken eggs. Chicken egg prices are increasing as farmers kill off flocks to hamper the spread of the avian flu.
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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 ...
History shows January CPI readings are prone to coming in hotter than expected
It's less than half an hour to the January consumer-price-index reading, and investors should be aware of the data's tendency ...
January CPI Inflation Accelerates, Potentially Delaying Any Rate Cuts
Consumer Price Index inflation rose 0.5% month-on-month, likely incrementally delaying any Federal Reserve plans for interest rate cuts.
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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 ...
Futures move lower after January CPI data
U.S. stock index futures moved lower on Wednesday as a hotter-than-expected consumer inflation report fueled fears that the ...
Analysis of US CPI Report for January
Welcome to TOPLive’s coverage of the US consumer price index report for January. Inflation has shown some signs of abating, ...
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US CPI Data LIVE Updates: January data to be released today, markets brace for impact
The US Bureau of Labor Statistics will release the January 2025 Consumer Price Index (CPI) data on February 12 at 8:30 AM ...
Inflation Rises Unexpectedly, Complicating Picture for the Fed
U.S. inflation rose to 3 percent in January, strengthening the case for the Federal Reserve to extend a pause on interest ...