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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 ...
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 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 ...
Where’s all the inflation from the Trump trade wars? So far, the evidence really hasn’t shown up — but many economists say it ...
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.
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 ...
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) ...
Inflation surged in January by the most in three months, according to the latest Consumer Price Index, released Tuesday. Despite the monthly increase of 0.5%, inflation continued to slow on a year ...
Wholesale inflation, as measured by the Producer Price Index, rose more than expected in January, adding to what has so far been a disappointing inflation picture for the month. The Producer Price ...
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.
Inflation was hotter than expected in January, with prices up 3.1% from a year ago. The news suggests it could take longer before the Federal Reserve is ready to start cutting interest rates.